Daily News

View All News

Uber, SEC discuss providing equity to drivers (Axios)

June 30, 2017

Human cloud ridesharing fimr Uber has held multiple meetings with the US Securities and Exchange Committee to discuss how it can provide equity to its drivers, Axios reported. An agreement between Uber and the SEC could provide a legal template for other gig economy companies and help Uber better recruit and retain drivers. Drivers for human cloud firm Juno recently filed a class-action lawsuit after Gett, Juno’s New York rival, acquired the company and eliminated Juno’s program that would award restricted stock units to drivers.