Uber's Travis Kalanick sued for fraud

Friday, 11 August 2017 - 9:05

Uber%27s+Travis+Kalanick+sued+for+fraud

Travis Kalanick, the former Uber chief executive who was ousted in June, is being sued by one of the company's biggest investors.

Benchmark Capital, which owns 13% of the ride-sharing firm, has accused Kalanick of fraudulently attempting to fill board seats with loyal allies.

They said that  Kalanick was paving the way for his potential return as chief executive.

A spokesman for  Kalanick called the lawsuit "completely without merit".

 



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