Uber must pay $8.5 million in driver sexual assault case, jury says. Here's what it could mean for thousands of similar cases [CNN]
Uber Technologies, Inc. (UBER)
Last uber technologies, inc. earnings: 2/6 04:05 pm
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Source: CNN
Jaylynn Dean sued Uber in 2023, alleging that she was raped by her driver during a ride that November. She accused Uber of failing to take sufficient steps to prevent such assaults after advertising “safe rides,” court documents show. On Thursday, a federal jury in Arizona found that Uber was liable in the case because the driver was acting as an “apparent agent” of the company during the incident. But it did not find Uber liable for negligence or design defects, and it declined to award punitive damages. Dean was awarded $8.5 million in damages, less than the $144 million her lawyers had requested. Rachel Abrams, a partner at law firm Peiffer Wolf who represents Dean, called the verdict “a sign of what's to come.” Uber has for years battled claims that it's responsible for sexual assaults by drivers against riders. Dean's case marked the first “bellwether” trial for around 3,000 similar lawsuits that have been consolidated in federal court. Thursday's verdict is a “test case
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UBER
News
- Uber must pay $8.5 million in driver sexual assault case, jury says. Here's what it could mean for thousands of similar cases [CNN]CNN
- Uber Technologies (NYSE:UBER) had its price target lowered by analysts at Citigroup Inc. from $120.00 to $110.00. They now have a "buy" rating on the stock.MarketBeat
- Uber found liable in sexual assault case and ordered to pay $8.5 million [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Uber found liable in sexual assault case and ordered to pay $8.5 million [Yahoo! Finance Canada]Yahoo! Finance Canada
- Uber ordered to pay $8.5 million in trial over driver sex assault claims [MSNBC.com]MSNBC.com
UBER
Earnings
- 2/4/26 - Miss
UBER
Sec Filings
- 2/4/26 - Form 8-K
- 1/21/26 - Form 4
- 1/21/26 - Form 4
- UBER's page on the SEC website