Ex-boss Uber accused of trying to bribe board
Benchmark Capital Partners, an important investor of taxi service provider Uber has filed a civil complaint against Travis Kalanick, Uber founder and ex-CEO, accusing him of attempting to bribe the board of directors to take him back aboard. By holding 13% of shares the investment fund has one fifth of the votes on the board,
More than 200 complaints by Uber staff
Kalanick was forced to step down in June by investors after numerous internal complaints of Uber’s staff about sexual harassment, discrimination and intimidation. The board decided to fire more then 20 employees, among who several highly regarded managers, and forced Kalanick to step down as CEO, while keeping a seat in the board.
The official complaint, laid down at the court in Delaware, mentions “fraud, violation of contracts”, and not applying with his obligations as managing director by keeping on to his seat at the board of Uber “just to increase his power for purely personal reasons”.
Kalanick is said to have taken ‘in silence’, without informing the board, some bad operational decisions like the acquisition of autonomous car technology company Otto. Benchmark Capital Partners’ complaint is meant to keep Kalanick from having any further contact with the management at Uber.
Kalanick reacts by saying the case “is based on lies and false accusations by Benchmark which is acting in its own interest and not Uber’s”.