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Philadelphia Cab Company Sues Uber for $1.5 Million in Damages

On January 08, 2016, CoachTrans, Inc., a Philadelphia-based cab company sued Uber Technologies, Inc. for tortious interference with a prospective business advantage, prima facia tort, and false advertising under the Lanham Act. Plaintiff is seeking at least $1.5 million in damages.

CoachTrans, which owns three cabs, has seen the value of its taxicab medallions, which are required by law for anyone who wants to operate a cab in Philadelphia, drop in net worth from $500,000 down to $80,000 following Uber’s rise in the city. The lawsuit alleges that by identifying itself as a “taxi” in commerce, Uber made a “false and misleading” statement to the public and such statement has caused and continues to cause “competitive or commercial injuries to Plaintiff.”

For more information, call Philadelphia business lawyers at Sidkoff, Pincus & Green today at 215-574-0600 or contact us online.