Benchmark Capital Just Sued Former Uber CEO Travis Kalanick For Fraud
Benchmark Capital was an early investor in Uber, and one of its partners sits on Uber’s board. Now, the venture capital firm is suing former Uber CEO Travis Kalanick, claiming he fraudulently engineered a scheme to retain control of the company.
The lawsuit, filed in Chancery Court in Delaware, centers on a plan, approved by Uber stockholders in June 2016, to expand the board from eight members…