Complained of “extortion” by a former employee, but paid $7.5 million anyway

When former employee Richard Jacobs sent a demand letter alleging possible criminal behavior by the Uber team where he previously worked, Uber viewed the claims as extortion. Uber deputy general counsel Angela Padilla said Jacobs’ claims were “extortionate.” Yet Uber paid Jacobs $4.5 million ($2 million upfront, $1.5 million in stock, and an additional $1 million to consult with the company and cooperate in any investigations over the course of the next year), plus an additional $3 million to his attorney.

Concerns resulting from Jacobs’ letter and the practices he reported