Uber to pay Aussie taxi drivers about 178.5 mln USD in class action settlement

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Uber to pay Aussie taxi drivers about 178.5 mln USD in class action settlement

STORY: Uber to pay Aussie taxi drivers about 178.5 mln USD in class action settlement SHOOTING TIME: March 17, 2024 DATELINE: March 18, 2024 LENGTH: 00:01:47 LOCATION: SYDNEY, Australia CATEGORY: ECONOMY SHOTLIST: 1. various of vehicles and taxi cars on streets in Sydney, Australia STORYLINE: After a five-year class action, the ride-sharing giant Uber has agreed to pay 272 million Australian dollars (about 178.5 million U.S. dollars) to compensate taxi drivers in the country for operating services without being licensed. "There has been a historic settlement reached in the Uber class action, with Uber to pay 272 million Australian dollars - the fifth-highest class action resolution ever in Australian legal history," Maurice Blackburn, the plaintiff firm that filed the case in 2019, announced on Monday. "As a result, the Supreme Court (of Victoria) trial due to begin today will not be proceeding. The Court will need to approve the settlement as being in the best interests of group members, and work

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