Drivers Sue Uber-Rival Juno For Securities Fraud

“I joined Juno because the promise of the RSUs were very enticing,” Juno driver Steven Savader told Recode.
Drivers have filed a federal class action lawsuit against New York-based ride-hail service Juno for breach of contract, false advertising and securities fraud.
As part of the acquisition, drivers who accumulated shares during the few months Juno operated would be cashed out, the company wrote in an email.
As Recode reported, drivers were receiving around $100 on average regardless of how many shares they’d accumulated.
As part of the purchase, Juno continued to operate as its own platform, now called Juno by Gett.

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