Tag #Prop 22

What are the immediate financial implications for Uber and Lyft if the settlement includes the estimated $tens of billions in claims from 250,000 drivers?

Ride-share drivers in Los Angeles, San Francisco, and San Diego protested alleged wage theft by Uber and Lyft. Negotiations are ongoing to settle thousands of claims totaling tens of billions of dollars affecting an estimated 250,000 drivers in California between 2016 and 2020. Individual drivers report significant financial losses, with one driver claiming $300,000 in unpaid wages.