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Benchmark Seeks Kalanick's Uber Board Ouster, Damages

Law360, Wilmington (August 10, 2017, 5:34 PM EDT) -- Early Uber champion Benchmark Capital Partners LP fired a broadside in Delaware Chancery Court on Thursday at the company and former CEO Travis Kalanick with a suit claiming fraud and concealment of gross mismanagement and seeking an injunction barring Kalanick's participation in board decisions.

Benchmark accuses former Uber CEO Travis Kalanick of withholding details on mismanagement of the company's self-driving vehicle venture and "pervasive" gender discrimination within the company. Above, Kalanick at an event in New Delhi in December. (Getty) Benchmark, one of Uber’s earliest big investors,...
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