
Uber Woes Continue As First Co-Founder Garett Camp Sells 510,000 Shares
https://wccftech.com/uber-garett-ccamp-sells-shares/
Garrett Camp was listed as the eighth richest Canadian by Forbes in 2018
Ride-hailing application Uber (NYSE:UBER) has seen a busy couple of weeks. Ever since Uber's IPO share-lockup expired, the company's stock price has dipped to record lows. It's also come under the scrutiny of New Jersey's Department of Labor and Workforce for driver misclassification that could make Uber cough up as much as $650 million in unemployment taxes. Uber's former CEO and co-founder Travis Kalanick. hasn't shown the company any love either as he's offloaded shares worth $703 million since the lockup expiration.
Uber Woes Continue As First Co-Founder Garett Camp Sells 510,000 Shares
Nov 15, 2019, 5:26pm UTC
https://wccftech.com/uber-garett-ccamp-sells-shares/
> Garrett Camp was listed as the eighth richest Canadian by Forbes in 2018
> Ride-hailing application Uber (NYSE:UBER) has seen a busy couple of weeks. Ever since Uber's IPO share-lockup expired, the company's stock price has dipped to record lows. It's also come under the scrutiny of New Jersey's Department of Labor and Workforce for driver misclassification that could make Uber cough up as much as $650 million in unemployment taxes. Uber's former CEO and co-founder Travis Kalanick. hasn't shown the company any love either as he's offloaded shares worth $703 million since the lockup expiration.