Daily Traders Edge

Uber to pay $20 million to settle U.S. claims it misled drivers

January 19
21:52 2017

WASHINGTON (Reuters) – Ride-hailing company Uber Technologies Inc has agreed to pay $20 million to settle claims by the U.S. government that it exaggerated prospective earnings in seeking to recruit drivers and downplayed the costs of buying or leasing a car, documents filed with a federal court on Thursday showed.

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