Court: N.D. California
Case: 3:19-cv-06361
Uber is warning Hong Kong users about potential new regulations that could cap the number of drivers or vehicles on its platform. The company emailed 30,000 drivers and 1.5 million riders in the city, saying the proposed limits may reduce driver earnings and lead to longer wait times and more cancellations. The move signals growing tension between Uber and regulators in key international markets.
More news for UBER investors—check what you might be missing right now
At the same time, Uber 
UBER agreed to pay $200M to investors to settle claims related to its IPO, including financial losses, safety concerns, and accusations of bypassing local regulations.
You can check more information about it and file for a payout here.
