Uber Technologies Inc., accused of cheating thousands of drivers on their pay, will pay 1,300 drivers a minimum of $20 — far more than the penny they were planning on.
Uber Technologies Inc., accused of cheating thousands of drivers on their pay, would have paid some of them just a penny to drop a class-action lawsuit — until a judge read the fine print in the settlement.
But Uber ultimately did something more gracious: It agreed to pay those 1,300 drivers a minimum of $20 — increasing the value of the accord by $50,000 to $395,000 — even though the final payout now exceeds the worst-case scenario the company had envisioned if it had taken the case to trial and lost.
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