Uber Technologies Inc. agreed to pay $20 million to the Federal Trade Commission to settle claims that Uber had exaggerated driver earnings and terms of its vehicle leasing program, according to a filing Thursday.
The order states that Uber is prohibited from misrepresenting the income a driver could earn, the terms and conditions of its leasing program and the terms and conditions of financing and leasing terms offered by Uber or by another partner.
With the settlement, Uber neither claims nor denies any of the allegations, the filing says. "We're pleased to have reached an agreement with the FTC," an Uber spokesman said in an email.
"We've made many improvements to the driver experience over the last year and will continue to focus on ensuring that Uber is the best option for anyone looking to earn money on their own schedule."(MW)