Riverside County prosecutors have dismissed a rape charge against Dan Price, former CEO of Gravity Payments, citing a lack of evidence. Price had previously gained notoriety for significantly raising employee salaries but faced serious accusations, including claims of sexual assault from multiple women. In 2021, Price was accused of raping a former girlfriend in Palm Springs, allegations that he denies. Despite stepping down from his executive role amidst controversy, he recently returned to the company. Although the rape charge was dropped, his reputation remains tarnished by the allegations.
The charge against the 41-year-old founder of the Seattle-based tech company was dismissed on Tuesday due to a lack of prosecutable evidence, according to the Riverside County district attorney's office.
Price gained renown in 2015 when he took an almost 93% pay cut to raise his employees' starting salary to $70,000.
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