Uber ordered to pay US$8.5 million in trial over driver sex assault claims [BNN Bloomberg (Canada)]
Uber Technologies, Inc. (UBER)
Last uber technologies, inc. earnings: 2/6 04:05 pm
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Source: BNN Bloomberg
The case, brought by plaintiff Jaylynn Dean, was the first trial – known as a “bellwether” – of more than 3,000 similar lawsuits against Uber that have been consolidated in U.S. federal court. Bellwether trials are used to test legal theories and help gauge the value of claims for possible settlements. The jury found that the driver was an agent of Uber, so the company was responsible for his actions. They awarded Dean $8.5 million in compensatory damages but declined to award punitive damages. In a statement, an Uber spokesperson noted that the jury rejected Dean's other claims, that the company was negligent or that its safety systems were defective, adding that the company plans to appeal. “This verdict affirms that Uber acted responsibly and has invested meaningfully in rider safety,” the spokesperson said. Attorneys for Dean, who had sought more than $140 million in compensatory and punitive damages, did not immediately respond to requests for comment. Uber shares fell 0
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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 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
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