5G Investment News
  • Top News
  • Economy
  • Forex
  • Investing
  • Stock
  • Editor’s Pick
No Result
View All Result
5G Investment News
  • Top News
  • Economy
  • Forex
  • Investing
  • Stock
  • Editor’s Pick
No Result
View All Result
5G Investment News
No Result
View All Result
Home Stock

Uber to pay $178 million to settle lawsuit with Australia taxi drivers, law firm says

by
March 18, 2024
in Stock
0
Uber to pay $178 million to settle lawsuit with Australia taxi drivers, law firm says
STOCK PHOTO | Image by freestocks-photos from Pixabay

SYDNEY – Uber has agreed to pay A$271.8 million ($178.3 million) to settle a lawsuit in Australia brought by taxi operators and drivers, who alleged they lost income when the ride-hailing company moved into the country, a law firm said on Monday.

Maurice Blackburn Lawyers filed the class action in 2019 in the Supreme Court of Victoria state on behalf more than 8,000 taxi and hire car owners and drivers, which the law firm said “Uber fought tooth and nail at every point along the way.”

“Since 2018, Uber has made significant contributions into various state-level taxi compensation schemes, and with today’s proposed settlement, we put these legacy issues firmly in our past,” an Uber spokesperson said in an emailed response.

Uber did not disclose the proposed settlement in its response.

“What our group members asked for was not another set of excuses – but an outcome,” Maurice Blackburn said. – Reuters

Previous Post

IFS Cloud Manufacturing

Next Post

Putin warns the West a Russia-NATO conflict is just one step from WW3

Next Post
Putin warns the West a Russia-NATO conflict is just one step from WW3

Putin warns the West a Russia-NATO conflict is just one step from WW3

Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.







    Fill Out & Get More Relevant News





    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.
    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    Recommended

    Allied Care Experts (ACE) Medical Center-Palawan to hold Annual Stockholders’ Meeting on June 23 via Zoom

    Allied Care Experts (ACE) Medical Center-Palawan to hold Annual Stockholders’ Meeting on June 23 via Zoom

    May 9, 2025
    Bank of England governor urges UK to rebuild EU trade ties as key summit looms

    Bank of England governor urges UK to rebuild EU trade ties as key summit looms

    May 9, 2025
    The Power of No: Why, When and How to Say It

    The Power of No: Why, When and How to Say It

    May 9, 2025
    US trade deal is not a win for UK automotive industry

    US trade deal is not a win for UK automotive industry

    May 9, 2025

    Disclaimer: 5GInvestmentNews.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
    The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 5GInvestmentNews. All Rights Reserved.

    No Result
    View All Result
    • Home
    • Privacy Policy
    • suspicious engagement
    • Terms & Conditions
    • Thank you

    © 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.