Uber’s board says it is ‘disappointed’ by the Benchmark lawsuit against Travis Kalanick

Uber’s board says it is ‘disappointed’ by the Benchmark lawsuit against Travis Kalanick

7 years ago
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https://www.recode.net/2017/8/11/16130260/uber-board-disappointed-benchmark-lawsuit-kalanick

Uber’s board — facing a deep and divisive legal war between the car-hailing company’s biggest investor, Benchmark Capital, and its co-founder and ousted CEO Travis Kalanick — said in a statement that it was “disappointed” in the lawsuit Benchmark filed Friday.

The board’s statement, emailed to Uber staff on Friday, effectively declined to endorse Benchmark’s explosive lawsuit and sidesteps the merits of the case altogether. The statement, signed by all board members who are not Kalanick and Benchmark’s Matt Cohler, said the board “has urged both parties to resolve the matter cooperatively and quickly.”

Uber’s board says it is ‘disappointed’ by the Benchmark lawsuit against Travis Kalanick

Aug 12, 2017, 4:11am UTC
https://www.recode.net/2017/8/11/16130260/uber-board-disappointed-benchmark-lawsuit-kalanick >Uber’s board — facing a deep and divisive legal war between the car-hailing company’s biggest investor, Benchmark Capital, and its co-founder and ousted CEO Travis Kalanick — said in a statement that it was “disappointed” in the lawsuit Benchmark filed Friday. >The board’s statement, emailed to Uber staff on Friday, effectively declined to endorse Benchmark’s explosive lawsuit and sidesteps the merits of the case altogether. The statement, signed by all board members who are not Kalanick and Benchmark’s Matt Cohler, said the board “has urged both parties to resolve the matter cooperatively and quickly.”