By Linda Chiem (April 18, 2016, 10:25 PM EDT) -- Dogged by regulatory blockades and fierce competition, ride-hailing giant Uber will face even bigger hurdles as the trail of plaintiffs' lawsuits challenging the Silicon Valley startup's business model and employment practices grows and recent federal court rulings threaten to disrupt Uber's rapid rise in the on-demand economy.
Uber Technologies Inc.'s swift and aggressive global expansion of its ride-hailing app connecting passengers with drivers in 406 cities worldwide and a sky-high valuation of approximately $62.5 billion has made it a target for litigation, with lawsuits piling up against Uber across the U.S. and abroad lobbing a variety of claims.
The most closely...
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