The New York Times reports Uber lawyers are racing to clean up the company before it goes public amid anticipation of the release of an audit dealing sexual assault by ride-sharing drivers.
More than 200 sexual misconduct cases were reported to the company in 2017. Uber is just 10 years old this year and yet is expected to go public with a valuation of more than $120 billion. Such growth has come with many, many growing pains, some of which have been self inflicted as the company has aggressively marketed its services, moved against taxi companies in many of the nation’s largest metro markets,and reduced liability by categorizing drivers as independent contractors.
As our Uber injury lawyers in Southwest Florida reported last year, more than 100 Uber drivers have been accused of sexually assaulting or abusing passengers. More than 30 drivers have been criminally convicted and dozens of others are facing criminal or civil charges. In fact, we have been writing about the company since 2015, when we reported Uber was being sued for misrepresenting driver safety to the public.
The ride-sharing giant has since raised more than $22 billion in private funding and is operating in more than 600 U.S. cities as it prepares to become a public company.