Last year, Uber turned a quarterly profit for the first time ever. But a major obstacle stands in the way of the rideshare company repeating that achievement: a $92 million bill owed to the American Arbitration Association over claims that Uber discriminated against businesses when it said it was waiving Uber Eats charges to certain black-owned restaurants after the police killing of George Floyd.
Uber has been trying to sue its way out of paying the tab — but a recent New York appeals court decision blocked their request for an injunction to stop the arbitration association from collecting the bill.
Uber is one of several companies that has been targeted by a new legal tactic for vindicating the rights of aggrieved consumers and employees: “mass arbitration,” which is based around the very same tool that corporate America has used for decades to insulate itself from legal responsibility.
The strategy relies on recruiting tens of thousands of injured customers or employees of a company to simultaneously file claims requesting that their complaints go to arbitration, a process in which a private mediator selected by the targeted company referees the dispute. Unlike a class action lawsuit, each arbitration claim must be litigated individually, one by one.
Victims of corporate malfeasance are turning to mass arbitration because it offers a way to force companies to pay up for their misdeeds — and, in a world where many companies forbid customers and employees from suing...
Founder and leader of Perez Chapel International, Archbishop Charles Agyinasare has urged Ghanaians to take responsibility for misinformation they share by retracting false claims, apologising to ...