Uber Investor Sues Over Self-Driving Car Firm Acquisition
- Directors accused of failing to properly vet 2016 purchase
- Uber accused of stealing self-drive technology by Google unit
Uber's New CEO Faces Some Big Challenges
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Uber Technologies Inc. directors were accused of failing to properly review the ride-sharing company’s $680 million acquisition of a self-driving technology firm that wound up being accused of stealing trade secrets from a unit of Alphabet Inc.
Uber’s board recklessly approved the purchase of a company owned by former Google engineer Anthony Levandowski, who has been accused of stealing seven years of research material about self-driving cars from his former employer, according to an investor’s lawsuit in Delaware Chancery Court.