Shareholders sue Uber’s board over sexual assaults, other incidents

A Detroit pension fund is leading a shareholder lawsuit against Uber’s board and management, accusing them of cutting compliance corners. The suit claims those failures contributed to thousands of lawsuits tied to sexual assaults and other incidents involving the company.

The case highlights growing investor scrutiny of platform companies whose safety and compliance systems lag behind their scale. If successful, it could increase pressure on boards to treat risk oversight as a core governance duty rather than an operational issue.