Uber IPO: Today's $100 Million Settlement Could Scare Potential Investors

We still don't have an exact date for the Uber IPO, but the transportation disruptor will have to pay out up to $100 million to settle lawsuits in California and Massachusetts. But this will allow Uber to continue to classify those drivers as independent contractors. With all the hype around this company, investors are asking Money Morning if Uber stock will be a good investment. Here's everything you need to know... Tags: Uber IPO To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2016 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post Uber IPO: Today's $100 Million Settlement Could Scare Potential Investors appeared first on Money Morning - We Make Investing Profitable .