Market Chatter: Uber Settles Sexual Assault Lawsuit Before Trial

MT newswire2026/10/05 14:51

10:51 AM EDT, 10/05/2026 (MT Newswires) -- Uber Technologies (UBER) settled with a sexual assault victim who was set to take the company to federal trial on Monday in Texas, Bloomberg reported. The settlement marks a departure for the rideshare company after it allowed two previous sexual assault lawsuits to proceed to trial, which it lost, the report said. The terms of the settlement in the most recent case are confidential, the report said, citing the lawyers for the plaintiff. Uber didn't immediately reply to a request for comment from MT Newswires. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.) Price: 69.45, Change: +1.34, Percent Change: +1.97

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