A lawsuit seeking $1 billion in damages based on allegations that the rideshare company was founded based on stolen trade secrets can now move forward after a jury in San Francisco Superior Court decided last month that the plaintiff’s claim was timely filed. The complaint alleges that former Uber CEO Travis Kalanick and others misappropriated Plaintiff Kevin Halpern’s idea for a startup called Celluride Wireless Inc. – a peer-to-peer service enabling passengers to summon drivers and track them with their cell phones. Halpern claims that he disclosed information about his idea to Kalanick under the promise of secrecy around 2006. The Uber app was launched four years later.
In defense, Kalanick claims that Uber Chairman Garrett Camp, also an individual defendant in the lawsuit, came up with the idea that later became Uber when the two were in Paris. According to Kalanick and Camp, Camp’s initial concept was for a limo timeshare service.
Continue Reading Billion Dollar Trade Secret Misappropriation Lawsuit Against Uber to Move Forward