Uber to pay $20 million to settle U.S. claims it misled drivers

Ride-hailing company Uber Technologies Inc has agreed to pay $20 million to settle claims by the U.S. government that it exaggerated prospective earnings in seeking to recruit drivers and downplayed the costs of buying or leasing a car, documents filed with a federal court on Thursday showed.

The company said on its website that some Uber drivers made more than $90,000 in New York and $74,000 in San Francisco when the real earnings were $61,000 and $53,000, respectively, the Federal Trade Commission said in a statement. It said Uber's Vehicle Solutions Program gave inaccurate prices for leasing or owning a vehicle.