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INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Uber Technologies, Inc. - UBER

1. Pomerantz LLP investigates Uber for potential securities fraud claims. 2. FTC filed a lawsuit against Uber for unlawful subscription service practices. 3. Uber's stock dropped 3.08% following the news of the lawsuit. 4. Allegations include unauthorized charges and difficulties in cancellation. 5. Investors are encouraged to join the class action against Uber.

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Why Bearish?

The FTC lawsuit and allegations have already led to a significant drop in stock price. Historical examples show regulatory scrutiny often leads to negative investor sentiment.

How important is it?

The article addresses a current legal challenge affecting Uber, which is highly relevant to investor concerns.

Why Short Term?

Legal challenges typically cause immediate market reactions as investors assess risks. Past effects of similar lawsuits indicate potential volatility in the short term.

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, /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Uber Technologies, Inc. ("Uber" or the "Company") (NYSE: UBER). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980. The investigation concerns whether Uber and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.  [Click here for information about joining the class action] On April 21, 2025, the Federal Trade Commission ("FTC") filed a lawsuit against Uber, alleging violations of the FTC Act and the Restore Online Shoppers' Confidence Act. The FTC's lawsuit specifically alleges that Uber's Uber One subscription service charged customers without their consent, failed to deliver promised savings, and made it difficult for users to cancel their subscriptions.  Following news of the FTC's lawsuit, Uber's stock price fell $2.23 per share, or 3.08%, to close at $72.92 per share on April 21, 2025. Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com. Attorney advertising. Prior results do not guarantee similar outcomes. CONTACT:Danielle PeytonPomerantz LLP[email protected]646-581-9980 ext. 7980 SOURCE Pomerantz LLP WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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