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Stock impact report

Uber ordered to pay $8.5 million after being found liable for sexual assault in landmark jury verdict [Fortune]

Uber Technologies, Inc. (UBER) 
Last uber technologies, inc. earnings: 2/6 04:05 pm Check Earnings Report
Company Research Source: Fortune
Recommended Video The verdict, reached Thursday in Arizona, follows years of criticism against Uber's safety record, much of which spans from thousands of incidents of sexual assault reported by both passengers and drivers . Because Uber drivers are categorized as gig workers — working as contractors, rather than company employees — the platform has long maintained it's not liable for their misconduct. “Uber spends billions of dollars to make all riders feel like they're (riding) with Uber. And that is what the jury found yesterday,” Ellyn Hurd, one of the attorneys representing plaintiff Jaylynn Dean, told The Associated Press. The verdict determined the driver is an “apparent agent” of the company, she explained, making Uber liable for the assault. Hurd added her team was “very proud of our client for facing such a huge, powerful company.” And the jury's decision could carry significant impact for similar cases, she noted. Uber said it plans to appeal. And beyond apparent a Show less Read more
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