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Fair and equitable compensation for taxi plate owners.

Melbourne cab drivers sue Uber for $500 million in damages and ‘lost profits’

As stated at 9News.com.au, Melbourne cab drivers are suing Uber for $500 million, claiming the ride sharing giant deprived them of their livelihoods.

The class action law suit, set to be filed in the coming weeks, will look to recover profits allegedly lost during Uber’s operation in Melbourne prior to being legalised.

Drivers are also suing for damages, with a successful case expected to bring a payout of more than $500 million – the sum awarded to Black Saturday bushfire victims.

“We’re pursuing Uber because they came into the Victorian market knowing full well it was the requirement under law to have a taxi or hire car license to operate,” Commercial Passenger Vehicle Association President Rod Barton said this morning.

“They choose not to do so and had a huge commercial advantage over the operators here and that advantage has caused us enormous financial harm.

“We are pursuing them for the loss of income and the destruction of our licenses.”

The case has already received $20 million in legal funding from UK-based Harbour Litigation Funding.

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We are representing the interests of all taxi plate owners in response to financial losses in income and asset value forced upon us by the NSW Mike Baird Liberal State Government and other NSW parliamentarians.

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