NEW YORK, Sept. 02, 2022 (GLOBE NEWSWIRE) — Attorney Advertising — Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Uber Technologies, Inc. (“Uber” or the “Company”) ABOVE and certain of its officers on behalf of all persons and entities that purchased or otherwise acquired Uber securities between May 31, 2019 and July 8, 2022 inclusive (the “Collection Period”). Such investors are encouraged to join this case by visiting the company’s website: www.bgandg.com/uber.

This class action seeks damages against the defendants for alleged violations of federal securities laws.

The lawsuit alleges that the defendants made false and/or misleading statements and failed to disclose material adverse facts about Uber’s business, operations and compliance policies. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (1) Uber had flawed disclosure controls and procedures; (2) Uber has concealed and/or downplayed the full extent and seriousness of its past wrongdoing, including, without limitation, the extent to which it secretly incited government officials and politicians to circumvent legal and regulatory requirements and knowingly breached the security of ss Game set by Uber drivers to fuel Uber’s global growth; (3) as a result, Uber’s current global footprint and market share is, to a significant extent, the by-product of previously undisclosed, unsustainable and illegal business practices; (4) all of which, once discovered, would be likely to adversely affect Uber’s reputation and expose Uber to increased risk of regulatory and regulatory scrutiny and enforcement action; and (5) as a result, Uber’s public statements were materially false and misleading at all relevant times.

A class action lawsuit has already been filed. If you would like to see a copy of the complaint, you can visit the firm’s website: www.bgandg.com/uber or you can contact Peretz Bronstein, Esq. or his law…