Taxis Respond To Miami Uber Law With $1B Class Action

Law360, Miami (May 4, 2016, 9:57 PM EDT) -- Taxicab companies hit Miami-Dade County with a putative class action seeking upward of $1 billion Wednesday, a day after its county commissioners approved a draft ordinance legalizing ride-hailing providers such as Uber and Lyft.

The suit, brought by plaintiffs Miadeco Corp. B&S Taxi Corp. and Checker Cab Operators Inc. claims the county has violated their equal protection rights with the new ordinance and its actions have resulted in severe dilution of the value of the medallions existing for-hire passenger service providers must possess that amounts to an inverse condemnation.

“The effect of 'regulating' the [ride-hailing companies] is to legalize, upon information...

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