Securities
Aug. 18, 2022
Purported internal documents cache leads to Uber securities suit
The more than 124,000 files purport to tell the story of how the company, under co-founder and former chief executive officer Travis Kalanick’s leadership from 2013 to 2017, lied about how much it did to reform in response to the scandals as well as about the full severity of its prior misconduct.
Uber Technologies Inc. is facing a new securities lawsuit over revelations garnered from a massive cache of internal documents leaked by a whistleblower. Chief Executive Officer Dara Khosrowshahi and Chief Financial Officer Nelson Chai are also named as defendants.
The “Uber Files,” as they were dubbed, were given in early July to The Guardian newspaper by Mark MacGann, Uber’s former chief lobbyist for Europe, the Middle East and Africa, ...
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