Shareholders file a lawsuit against Uber’s board regarding sexual assaults and additional occurrences.

Shareholders file a lawsuit against Uber’s board regarding sexual assaults and additional occurrences.

A lawsuit initiated by a pension fund from Detroit claims that Uber’s management and board prioritized profits over safety and compliance, actions that have put both the company and its investors at risk.

Filed on Monday in the U.S. District Court for the Northern District of California in San Francisco, the lawsuit accuses Uber of being a “serial compliance offender” that has “knowingly” disregarded regulations. According to the complaint, this negligence has resulted in thousands of lawsuits from victims alleging sexual assault and harassment by drivers.

The lawsuit names CEO Dara Khosrowshahi and asserts that board members violated their fiduciary responsibilities to the company and its investors by failing to heed numerous warnings regarding compliance and safety issues. The plaintiffs are seeking personal restitution from Uber’s executives for alleged damages, reimbursement of certain compensation they received, and the implementation of enhanced oversight and compliance strategies.

“The individuals harmed by this lack of compliance culture encompass victims of sexual assault and harassment, customers with disabilities, and unsuspecting consumers seeking to sign up for Uber One,” the complaint states.

Uber has countered the claims made in the lawsuit.

“This lawsuit disregards crucial facts and relies on misleading, inaccurate narratives from other baseless lawsuits that we have already rebutted publicly and in court,” an Uber representative stated in an emailed comment.

It’s common for companies such as Uber to encounter derivative lawsuits, where a shareholder sues the company’s directors on behalf of the corporation. For example, shareholders have filed similar lawsuits against Adobe, Apple, and Intel this year.