#uber to pay $20 million to settle claims it misled drivers about pay, financing
January 19, 2017 | Uncategorized

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Uber will pay $20 million to settle a complaint by the Federal Trade Commission that it misled drivers about earnings and vehicle financing, the Wall Street Journal is reporting. The consumer protection agency alleged that Uber publicized misleading statements about the amount of money drivers could earn in 20 cities. For example, Uber said drivers could earn up to $90,000 a year in New York City and $74,000 in San Francisco.
As part of the settlement, Uber is not admitting any wrongdoing, but has agreed to pay $20 million. That sum will be distributed to drivers affected by the FTC, which did not respond to requests for comment.
The FTC also claimed that Uber promised to…