Press release
Lawsuit filed by an Investor in Uber Technologies, Inc (NYSE: UBER) against directors
A lawsuit was filed by an investor in Uber Technologies, Inc (NYSE: UBER) over alleged breaches of fiduciary duty.
Investors who are current long term investors in Uber Technologies, Inc (NYSE: UBER) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
According to the complaint the plaintiff alleges that certain directors of Uber Technologies, Inc issued offering documents in connection with Uber’s its May 2019 initial public offering that allegedly misrepresented the scope of Uber's corporate scandals, passenger safety complaints and unsustainable business prospects — and the risks they posed.
The lawsuit against certain directors of Uber follows a lawsuit that was filed by investors against Uber over alleged Federal Securities Laws violations. The plaintiff in that lawsuit claims that the registration statement and related prospectus issued in connection with Uber’s May 2019 IPO was allegedly false and/or misleading statements and/or failed to disclose that at the time of the Offering, Uber Technologies, Inc was rapidly increasing subsidies for drivers and customer's rides and meals in a bid for market share, which caused the Company's sales and marketing expenses to swell, that the Defendants were cutting (or planned to cut) costs in key areas that undermined the Company's central growth opportunities, and that as a result, defendants’ statements about Uber’s business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.
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.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Lawsuit filed by an Investor in Uber Technologies, Inc (NYSE: UBER) against directors here
News-ID: 2188378 • Views: 856
More Releases from Shareholders Foundation
Investigation announced for Investors in shares of Skillsoft Corp. (NYSE: SKIL) …
An investigation on behalf of investors in shares of Skillsoft Corp. (NYSE: SKIL) was announced over potential breaches of fiduciary duties by certain officers and directors at Skillsoft Corp.
Investors who purchased shares of Skillsoft Corp. (NYSE: SKIL) s 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 concerns whether certain Skillsoft Corp. directors breached their fiduciary duties…
Investigation announced for Investors who lost money with shares of Edgio, Inc. …
An investigation was announced for investors of Edgio, Inc. (NASDAQ: EGIO) shares over potential securities laws violations by Edgio, Inc.
Investors who purchased shares of Edgio, Inc. (NASDAQ: EGIO), 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 Edgio, Inc. (NASDAQ: EGIO) concerning whether a series…
Investigation announced for Investors in NASDAQ: SFT shares over potential Wrong …
An investigation was announced over potential breaches of fiduciary duties by certain officers and directors at Shift Technologies, Inc.
Investors who purchased shares of Shift Technologies, Inc. (NASDAQ: SFT) 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 concerns whether certain Shift Technologies, Inc. directors breached their fiduciary duties and caused damage to the company and its shareholders.
San…
Lawsuit filed for Investors who lost money with shares of Norfolk Southern Corpo …
An investor, who purchased shares of Norfolk Southern Corporation (NYSE: NSC), filed a lawsuit over alleged violations of Federal Securities Laws by Norfolk Southern Corporation in connection with certain allegedly false and misleading statements.
Investors who purchased shares of Norfolk Southern Corporation (NYSE: NSC) have certain options and for certain investors are short and strict deadlines running. Deadline: May 15, 2023. NYSE: NSC investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com…
More Releases for Uber
Lawsuit filed for Investors in NYSE: UBER shares over alleged Securities Laws Vi …
An investor, who purchased shares of Uber Technologies, Inc (NYSE: UBER), filed a lawsuit over alleged violations of Federal Securities Laws by Uber Technologies, Inc in connection with certain allegedly false and misleading statements.
Investors who purchased shares of Uber Technologies, Inc (NYSE: UBER) have certain options and for certain investors are short and strict deadlines running. Deadline: October 17, 2022. NYSE: UBER investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com…
Investigation announced for Investors in NYSE: UBER shares over potential Wrongd …
Certain directors of Uber Technologies, Inc are under investigation concerning potential breaches of fiduciary duties.
Investors who are current long term investors in Uber Technologies, Inc (NYSE: UBER) shares, 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 for current long term investors in NYSE: UBER stocks follows a lawsuit filed against Uber Technologies, Inc over alleged…
Investigation announced for Long-Term Investors in shares of Uber Technologies, …
An investigation was announced concerning potential breaches of fiduciary duties by certain directors and officers of Uber Technologies, Inc.
Investors who are current long term investors in Uber Technologies, Inc (NYSE: UBER) shares, 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 for current long term investors in NYSE: UBER stocks follows a lawsuit filed against Uber…
Lawsuit filed for Investors in shares of Uber Technologies, Inc (NYSE: UBER) ove …
The Shareholders Foundation announced that an investor, who purchased shares of Uber Technologies, Inc (NYSE: UBER), filed a lawsuit in the U.S. District Court for the Northern District of California over alleged Securities Laws violations by Uber Technologies, Inc in connection with Uber’s May 2019 initial public stock offering.
Investors who purchased shares of Uber Technologies, Inc (NYSE: UBER) have certain options and for certain investors are short and strict…
Investigation announced for Investors in Uber Technologies, Inc. (NYSE: 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…
Uber Eats in the UK Market Success Case Study Analysis by Uber Eats, Uber, Just …
Online/app-based food delivery is a growth market in the face of pressure on traditional quick-service restaurants. This has inspired both new start-ups and bigger brands with logistics and online clout to explore such services, with competition springing up in major cities in markets such as the US, UK, and Europe.
Get Sample Copy of This Report at www.orbisresearch.com/contacts/request-sample/2628058
Uber Eats is a food delivery service originating in the US but now expanding in…
