HyreCar founder alleges settlement with other founders was breached

By Noddy A. Fernandez | Nov 27, 2018

SAN FRANCISCO – A Chico man who is a founding member of a car-sharing platform for ride-hailing drivers alleges a settlement agreement with the other founders was breached.

Nathaniel Farber filed a complaint on Nov. 13 in the San Francisco Superior Court against HyreCar Inc. alleging breach of contract.

According to the complaint, in 2014, Farber entered into a founder's agreement with the other founders of HyreCar. The suit states a dispute arose in 2016 with the other founders and a settlement was reached that outlined the number of shares Farber would receive and his right to sell back his shares.

The plaintiff holds HyreCar Inc. responsible because the defendant allegedly breached the agreement regarding his sell back rights and his right to sell the shares.

The plaintiff requests a trial by jury and seeks judgment for compensatory and general damages, costs, expenses, post- and prejudgment interest, and such other and further relief as the court deems just and reasonable. He is represented by Monty Agarwal and Rachel Chanin of Antolin Agarwal LLP in San Francisco.

San Francisco Superior Court case number CGC18571257

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Antolin Agarwal LLP San Francisco Superior Court

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