NEW YORK, NY / ACCESSWIRE / September 29, 2022 / Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Uber Technologies, Inc. (“Uber” or the “Company”) (NYSE:UBER) and is reminding investors of the October 17, 2022 filing deadline for the role the lead plaintiff in a federal securities class action lawsuit filed against the Company.
If you suffered losses that exceed $100,000 between May 31, 2019 and July 8, 2022 by investing in Uber stock or options and discuss your legal rights, call Faruqi & Faruqi Partner Josh Wilson direct at 877-247-4292 or 212-983-9330 (ext. 1310). You can also click here for more information: www.faruqilaw.com/UBER.
There are no costs or obligations for you.
Faruqi & Faruqi is a leading national minority and women-owned securities firm with offices in New York, Pennsylvania, California and Georgia.
As detailed below, the lawsuit focuses on whether the company and its officers violated federal securities laws by making false and/or misleading statements and/or failing to disclose the following: (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 covertly incited government officials and politicians to circumvent legal and regulatory requirements and knowingly compromised the security of Uber Risks Uber Drivers to Fuel Company’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 these, once known, were likely to have a negative impact on Uber’s reputation and exposed the company to increased risk of regulatory and regulatory scrutiny and enforcement action; and (5) as a result, the Company’s public statements were, at all relevant times, materially false and misleading.