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BREAKING NEWS

Uber to pay up to $100 mln to settle lawsuit over employment status

By REUTERS

SAN FRANCISCO - Ride service Uber has agreed to pay up to $100 million to settle a class action lawsuit over whether its California drivers are employees or independent contractors.

Out of that money, $84 million is guaranteed to drivers and $16 million is contingent on an increase in Uber's value, according to a statement from lawyers representing the drivers.
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