Uber to Pay $20 Million to Settle FTC Suit Over Driver Pay
- FTC complaint says ride-hailing startup misled drivers
- Settlement involves exaggerated pay claims, auto leasing
This article is for subscribers only.
Uber Technologies Inc. agreed to pay $20 million to settle a U.S. Federal Trade Commission lawsuit over driver compensation claims and its auto leasing program.
The FTC sued the San Francisco-based ride-hailing startup Thursday, saying Uber made false, misleading or unsubstantiated claims about how much drivers could earn on the service. The agency alleged Uber made similar misrepresentations about its vehicle financing program.