Uber ordered to pay $8.5 million in trial over driver sex assault claims [MSNBC.com]
Uber Technologies, Inc. (UBER)
Last uber technologies, inc. earnings: 2/6 04:05 pm
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Source: MSNBC.com
A U.S. jury ordered Uber on Thursday to pay $8.5 million after finding it liable in a lawsuit brought by a woman who said she was sexually assaulted by a driver when she was 19, a verdict that could influence thousands of similar cases against the ride-hailing company.The case, brought byplaintiff Jaylynn Dean3,000 similar lawsuitsThe jury in federal court in Phoenix, Arizona, found that the driver was an agent of Uber, holding the company responsible for his actions. They awarded Dean $8.5 million in compensatory damages but declined to award punitive damages. Attorneys for Dean had sought more than $140 million in damages.Uber‘s shares dipped 1.5% in after-hours trading. Shares of rival Lyft, which is facing lawsuits making similar claims, were down 1.8%.In a statement, an Uber spokesperson said the company would appeal and noted the jury rejected Dean’s other claims, that the company was negligent or that its safety systems were defective. “This verdict affirms that Uber acted resp
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UBER
News
- 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
- Update: Uber Technologies Reportedly Ordered to Pay $8.5 Million to Woman Suing Driver for Sexual Assault [Yahoo! Finance]Yahoo! Finance
- Uber held liable, ordered to pay $8.5 million in driver rape suit [CNBC]CNBC
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