Deadline on October 17th coming up in Lawsuit for Investors in Uber Technologies, Inc (NYSE: UBER)

A deadline is coming up on October 17, 2022 in the lawsuit filed for certain investors of Uber Technologies, Inc (NYSE: UBER) over alleged securities laws violations by Uber Technologies, Inc.

Investors who purchased shares of Uber Technologies, Inc (NYSE: UBER) have certain options and there are strict and short deadlines running. Deadline: October 17, 2022. NYSE: UBER stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

According to the complaint filed in the U.S. District Court for the Northern District of California the plaintiff alleges on behalf of purchasers of Uber Technologies, Inc (NYSE: UBER) common shares between May 31, 2019 and July 8, 2022, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between May 31, 2019 and July 8, 2022, the Defendants made false and/or misleading statements and/or failed to disclose that Uber had defective disclosure controls and procedures, that Uber concealed and/or downplayed the full scope and severity of its prior misconduct, including, inter alia, the extent to which it secretly lobbied government officials and politicians to bypass legal and regulatory requirements, as well as knowingly risked the safety of Uber drivers, to fuel the Company's global growth, that as a result, Uber's present global footprint and market share is in significant part the byproduct of previously undisclosed, unsustainable, and illegal business practices, that all the foregoing, once revealed, was likely to negatively impact Uber's reputation, as well as subject the Company to a heightened risk of governmental and regulatory scrutiny and enforcement action, and that as a result, the Company's public statements were materially false and misleading at all relevant times.

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

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 lawsuits, 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.