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Investigation announced for Investors in Uber Technologies, Inc. (NYSE: UBER)

09-10-2019 05:45 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation for investors in Uber Technologies, Inc. (NYSE: UBER) shares over potential securities laws violations by Uber.

An investigation for investors in Uber Technologies, Inc. (NYSE: UBER) shares over potential securities laws violations by Uber.

An investigation was announced on behalf of investors of Uber Technologies, Inc. (NYSE: UBER) shares over potential securities laws violations by Uber Technologies, Inc. in connection with certain financial statements.

Investors who purchased shares of Uber Technologies, Inc. (NYSE: UBER), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Uber Technologies, Inc. (NYSE: UBER) concerning whether a series of statements by Uber Technologies, Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

San Francisco, CA based Uber Technologies, Inc. develops and supports proprietary technology applications that enable independent providers of ridesharing, and meal preparation and delivery services to transact with end-users worldwide. In May 2019, Uber Technologies, Inc completed its initial public offering ("IPO") in which it sold 207 million shares at $45 per share, for a value of $9.315 billion.

On August 8, 2019, Uber Technologies, Inc announced its second quarter 2019 financial results, reporting $5.24 billion loss and $2.87 billion revenue.

Shares of Uber Technologies, Inc (NYSE: UBER) declined to as low as $30.67 per share on September 3, 2019.

Those who purchased shares of Uber Technologies, Inc. (NYSE: UBER) have certain options and should contact the Shareholders Foundation.

Media Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

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