22-04-2016 06:24 via news.yahoo.com

Uber drivers remain independent contractors as lawsuit settled

By Dan Levine SAN FRANCISCO (Reuters) - Uber has agreed to pay up to $100 million to settle a class-action lawsuit which resolves a major challenge to its business model by allowing the ride-hailing service to keep its California and Massachusetts drivers as independent contractors. The lawsuit had claimed that Uber [UBER.UL] drivers are employees and thus entitled to reimbursement of expenses. The case against Uber had been closely watched in Silicon Valley, as other companies in the on-demand
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