Bronstein, Gewirtz & Grossman, LLC Notifies Shareholders of Uber Technologies, Inc. (UBER) Investigation

NEW YORK, NY / ACCESSWIRE / July 13, 2022 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Uber Technologies, Inc. (“Uber” or “the Company”) (NYSE:UBER). Investors who purchased Uber securities are encouraged to obtain additional information and assist the investigation by visiting the firm’s site: www.bgandg.com/uber.

Bronstein, Gewirtz and Grossman, LLC, Wednesday, July 13, 2022, Press release picture

The investigation concerns whether Uber and certain of its officers and/or directors have violated federal securities laws.

On July 10, 2022, The Guardian published a report, “Uber broke laws, duped police and secretly lobbied governments, leak reveals.” The report was based on 124,000 documents leaked by a whistleblower and alleged that Uber broke local laws when entering new markets, lobbied politicians to intervene in investigations against Uber, and utilized “kill switches” to cut off access to company documents to foil law enforcement raids. The article also alleged Uber executives knew about the Company’s illegal status in new markets and even seemed delighted to send Uber drivers into violent areas to garner public support for the Company. Following this news, Uber stock dropped $1.15 per share, or roughly 5.1%, to close at $21.19 on July 11, 2022.

If you are aware of any facts relating to this investigation or purchased Uber shares, you can assist this investigation by visiting the firm’s site: www.bgandg.com/uber. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.

Bronstein, Gewirtz & Grossman, LLC represents investors in securities fraud class actions and shareholder derivative suits. The firm has recovered hundreds of millions of dollars for investors nationwide. Attorney advertising. Prior results do not guarantee similar outcomes.

Contact:

Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Nathanson
212-697-6484 | [email protected]

SOURCE: Bronstein, Gewirtz and Grossman, LLC

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