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Uber investor sues former CEO Kalanick for fraud

SAN FRANCISCO (UPI) -- One of the investors behind the ousting of Travis Kalanick from Uber earlier this summer sued the former CEO on allegations of fraud Thursday. Benchmark Capital Partners, one of the largest shareholders in the ride-hailing service, filed the lawsuit in Delaware Chancery Court. It accused Kalanick of breaching his fiduciary duty and contractural obligations by loading up Uber's board with friends. Though Kalanick resigned as CEO in June, he remains on the company's board. The lawsuit says Kalanick stacked the […]

todayAugust 10, 2017 39

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