Former Uber chief Travis Kalanick sued for fraud

Fri, 11 August 2017

09:37

Venture capital firm Benchmark Capital has filed a lawsuit against former Uber Chief Executive Officer Travis Kalanick to force him off the board of the ride services company and rescind his ability to fill three board seats.

The lawsuit filed Thursday accuses Kalanick of concealing a range of misdeeds from the board and scheming to retain power at the company even after he was forced to resign as chief executive of Uber in June following a series of scandals.

Benchmark is a major investor with 13 percent of Uber's stock.

A spokesperson for Kalanick said the lawsuit is "completely without merit and riddled with lies and false allegations."

TOP STORIES

LIVE! Terrorists gun down social activist in J-K's Kupwara

'Is Pahalgam result of unresolved Partition questions?'

The former Union minister said the question that was posed to the country then and faced it today was whether Muslims in India felt accepted, cherished and celebrated.

Pakistan offers to join probe into Pahalgam attack

Pakistan has offered to join any neutral and transparent probe into the Pahalgam terrorist attack that killed 26 people. Prime Minister Shehbaz Sharif also warned India against any attempt to stop, reduce or divert the flow of water...

'In a way the India-Pakistan war is already on'

'Pakistan cannot sustain a war with India for more than four days. They are in such dire straits. At best they can sustain war for one week.'

Rain wrecks thriller! Punjab Kings, KKR share points

IMAGES from the IPL match played between Kolkata Knight Riders and Punjab Kings at the Eden Gardens in Kolkata on Saturday