- Uber is being sued by thousands of London cab drivers over claims it operated illegally.
- The suit could ultimately be worth over £250 million ($313 million) law firm Mishcon de Reya said.
Over 10,000 London taxi drivers are suing Uber for £250 million ($313 million), the legal firm Mishcon de Reya announced.
The lawsuit alleges Uber misled authorities to get its license to operate in the British capital, and that it intended to gain market share unlawfully — taking business away from the existing black cabs, which have become an icon of the city.
"Uber knew this at all material times; and that in order to obtain its licence Uber deliberately misled Transport for London as to how that operating system worked," said RGL Management, the legal firm working with the drivers, per Bloomberg.
An Uber spokesperson told Bloomberg the claims are "completely unfounded."
Mishcon de Reya filed the suit on behalf of RGL in London's High Court.
"Uber has consistently failed to comply with the law that applies to private hire vehicles in London and so we are pleased to be issuing today's claim on behalf of almost 11,000 London cab drivers," said Richard Leedham, partner and head of commercial disputes at Mishcon de Reya.