Thursday, January 19, 2017

UPDATE 2-Uber to pay $20 mln to settle U.S. claims it misled drivers

WASHINGTON, Jan 19 (Reuters) - Ride-hailing company Uber

Technologies Inc has agreed to pay $20 million to

settle claims by the U.S. government that it exaggerated

prospective earnings in seeking to recruit drivers and

downplayed the costs of buying or leasing a car, documents filed

with a federal court on Thursday showed.

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