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Board of Directors Uber

Morris James LLP

Supreme Court Affirms Dismissal of Uber Derivative Action for Failure to Plead Demand Futility

Morris James LLP on

Mcelrath v. Kalanick, No. 181-2019 (Del. Jan. 13, 2020). This case exemplifies the Delaware courts’ approach to examining demand futility. In 2016, Uber Technologies, Inc. (“Uber”) acquired Ottomotto LLC (“Otto”), a...more

Thomas Fox - Compliance Evangelist

Memo to Uber: Put a Compliance Expert On Your Board

In an article in Bloomberg by Becky Peterson, entitled “Uber’s first employee and one of Travis Kalanick’s last allies has left the company’s board just 2 weeks after IPO”, she reported, “Ryan Graves, Uber’s first-ever...more

A&O Shearman

Delaware Court Of Chancery Dismisses Derivative Suit Alleging Tech Company Exposed Itself To Unnecessary Litigation Risk With...

A&O Shearman on

On April 1, 2019, Vice Chancellor Sam Glasscock III of the Delaware Court of Chancery dismissed for lack of demand a stockholder derivative suit against directors of Uber Technologies, Inc. (“Uber”) that asserted breach of...more

Robins Kaplan LLP

Your Daily Dose of Financial News

Robins Kaplan LLP on

Facebook may have had a difficult day on the Hill. But a 79% rise in Q3 profit—driven, ironically enough, by online ads—should help soften the blow....more

Parker Poe Adams & Bernstein LLP

Uber’s Troubles: A Compliance Wake-Up Call No Matter How Regulated You Are

I can’t help myself; when I read some of the troubling reports about Uber’s workplace culture, which has contributed to executive ousters and the need to hire one of the highest-profile lawyers in the country, I think, “If...more

The Volkov Law Group

Poor Performing CEOs and Boards and Compliance Disasters

The Volkov Law Group on

The business headlines are filled with the latest corporate scandal – Uber’s defective culture, CEO misconduct and reprehensible comments by supervising board members. Uber is just one of several significant companies caught...more

Thomas Fox - Compliance Evangelist

The Uber Board Report – Part I

On Tuesday, the law firm of Covington & Burling LLP (Covington), released its long-awaited report (Report) to the Special Committee of the Board of Directors of Uber Technologies, Inc. (Uber). It is truly one of the most...more

Thomas Fox - Compliance Evangelist

Compliance Into the Weeds-Episode 42, the Uber Edition

In this episode, Matt Kelly and I take a deep dive into the corporate governance fiasco which is Uber. We consider the revelations in the failures of corporate governance, culture and internal controls at the organization....more

NAVEX

The Importance of Trust in the Age of Weaponized Transparency

NAVEX on

In my last post about organizational trust, we looked at lessons learned about trust from one of the largest organizations of all: the U.S. military. The main concept was that in large organizations, senior executives should...more

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