Uber, Lyft to pay $328M settlement to drivers for 'taking earnings'

  • 📰 10News
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 50%

Business News News

Business Business Latest News,Business Business Headlines

Uber and Lyft settled investigations into whether they took pay from drivers for a price tag of $328 million.

Hundreds of thousands of Uber and Lyft drivers may be eligible for a piece of a $328 million pie after the two companies agreed to what New York's state attorney general called the largest wage-theft settlement her office has ever secured.

In those investigations, James' office alleged that from 2014 to 2017 Uber deducted sales tax and Black Car Fund — New York's surcharge to provide workers benefits — fees from driver payments when they should have been paid for by passengers. It also alleges Lyft deducted 11.4%"administrative charges" from drivers' payments from 2015 to 2017 that amount to fees riders should have paid.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 732. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

NY Attorney General announces $328 million in settlement funds from Uber and Lyft for ‘stealing earnings’Thousands of rideshare drivers in New York may be eligible to receive significant back pay from Uber and Lyft as part of a settlement announced by the state attorney general on Thursday.
Source: CNN - 🏆 4. / 95 Read more »

NY AG announces $328 million in settlement funds from Uber and Lyft for 'stealing earnings'New York rideshare drivers may be eligible to receive part of $328 million in settlement funds from Uber and Lyft for allegedly 'cheating drivers out of hundreds of millions of dollars' in earnings.
Source: ABC7NY - 🏆 592. / 51 Read more »