Uber has had an ongoing problem with discrimination and harassment. Former Uber employee Susan Fowler detailed her experience with harassment at the company last year in a blog post and Uber later fired more than 20 employees for harassment following an internal investigation. Earlier this year Uber hired its first chief diversity officer -- a move that was recommended by those conducting a probe into the company's culture.

"This settlement involves claims dating back to July 2013 and, while we are continually improving as a company, we have proactively made a lot of changes since then," Uber said in a statement. "In the past year alone we have implemented a new salary and equity structure based on the market, overhauled our performance review process, published our first Diversity & Inclusion report and created and delivered diversity and leadership trainings to thousands of employees globally."

The judge handling the case still has to approve the settlement and a hearing has been scheduled for May 1st.