Bloomberg Law
Sept. 27, 2017, 12:34 PM UTC

Wake Up Call: California Firm Hits Uber With Securities Fraud Suit

• Lawyers from Robbins Geller Rudman & Dowd filed the first securities fraud lawsuit against Uber, accusing the company and former CEO Travis Kalanick of causing investors billions in losses by covering up “illicit business tactics.” ( Bloomberg ) ( The Recorder ) The ride-hailing company also faces a female driver’s sexual discrimination suit in the U.K. ( Bloomberg )

• Clifford Chance and Ropes & Gray advised on Unilever’s deal to buy Carver Korea Co., one of South Korea’s biggest makers of beauty products, for 2.27 billion euros ($2.7 billion) from Bain Capital Private Equity and Goldman Sachs Group. ( Bloomberg ) ( Legal Week ) ...

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