Grubhub to pay $25 million for deceptive practices against customers, drivers, restaurants
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Grubhub has agreed to pay $25 million to settle allegations of deceptive practices involving customers, drivers, and restaurants. The settlement was reached with the U.S. Federal Trade Commission and Illinois Attorney General Kwame Raoul.
December 17, 2024 | 9:00 pm
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Grubhub, owned by Just Eat Takeaway.com (JTKWY), will pay $25 million to settle allegations of deceptive practices. This settlement could impact the company's financials and reputation.
The $25 million settlement is a significant financial penalty for Grubhub, which is owned by Just Eat Takeaway.com. This could negatively impact the company's short-term financials and potentially harm its reputation, leading to a negative short-term impact on the stock price.
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