RIDEGURU
Juno, which is now a part of Gett, is getting massively sued by angry mob of NYC drivers. I had totally missed this as it was happening.
"CNBC reported today that a group of Juno drivers has filed a federal class action suit against the ride-hail company over its now defunct driver equity program, which allowed drivers who worked more than 30 hours a week for the startup to earn restricted company shares. Filed by three Juno drivers, who say they and others were lured to work for the startup by its promise of driver equity, the suit alleges breach of contract, securities fraud, and false advertising by the company."
"Juno's equity program was ended, and drivers who had accumulated company shares were notified by email that they would be automatically cashed out. As Recode reported in April, however, the payouts didn't pass muster for many drivers. Regardless of how many shares they'd accumulated, according to Recode, drivers have been receiving payments of approximately $100, whether it was for a few hundred shares or several thousand."
Check this out. This is messed up:
"Juno announced that drivers who had received shares in the Company would either: have those shared extinguished with no compensation, or receive an amount per share to be determined based on each driver, with each share not being valued the same, and being valued by Juno with no disclosure of the method of valuation."
Comments
So much or the driver friendly company. It was just complete baloney.
They had the gull to call drivers their "family." LOL.
Their catch phrase was,
THE SOCIALLY RESPONSIBLE WAY TO RIDE
Daaaaaaaaaaaaaaamnn.... ouch.
That screenshot is precious. They should use that in court.
Yeah, you can follow the class action suit stuff here.
http://www.junolawsuit.com/
the lawyer in the video is what I pictured Uncle Phil would be like in court. RIP.
Wow this is crazy. I thought this was one of Juno's big differentiators. I can't believe they killed the program.
Gett paid $200Million for Juno. What did they get as a resut? Angry mob of drivers who will never drive for Gett? What a huge waste of money.
yeah but you have to admit itseemed like a crazy idea to begin with. not surprised they couldn't pull it off.
anyone know whatever happened to this?
They are still going strong. Must be doing something right and this obviously didn't bring them down.
All rideshare companies are just like Uber, Uber jsut gets caught more...
oh man, I was fooled, I thought they might really be the real thing. so sad.