Uber shareholders have sued the company's board, accusing directors and management of cutting corners on compliance that resulted in thousands of lawsuits from victims of harassment and sexual assault. The complaint, filed in San Francisco federal court and led by a Detroit pension fund, alleges board members ignored repeated internal and external warnings about the company's failure to address sexual abuse by drivers. In a separate development, Lyft has joined Uber in suing New York City to block a new law that they say would force them to keep bad drivers on their platforms, with the law set to take effect on July 28.
Uber Technologies IncShareholders sue Uber board over compliance failures leading to sexual harassment suits, alleging ignored warnings.
LYFT IncLyft is mentioned as joining Uber in suing NYC over a law that would force them to keep bad drivers, but the main story is about Uber's shareholder lawsuit.