The lawsuit claims that Uber's “below-cost and anticompetitive pricing” has taken its toll on a proposed class of pre-arranged transportation companies in California. (Photo: Shutterstock)

A new lawsuit against Uber Technologies Inc. claims that the company may save more than half a billion dollars each year by misclassifying drivers in California as contractors rather than employees.

The lawsuit, brought on behalf of Studio City-based livery service Diva Limousine Ltd., claims that Uber's “below-cost and anticompetitive pricing” has taken its toll on a proposed class of pre-arranged transportation companies in California and others across the country who have affiliate relationships with them.

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Ross Todd

Ross Todd is the Editor/columnist for the Am Law Litigation Daily. He writes about litigation of all sorts. Previously, Ross was the Bureau Chief of The Recorder, ALM's California affiliate. Contact Ross at [email protected]. On Twitter: @Ross_Todd.