LOS ANGELES, CA / ACCESSWIRE / July 12, 2022/ The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors ofUber Technologies, Inc. (“Uber” or “the Company”) (NYSE:UBER) for violations of the securities laws.
The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Uber is the subject of an article published by The Guardian on July 10, 2022, titled: “Uber broke laws, duped police and secretly lobbied governments, leak reveals.” Also according to the article, which is based on 124,000 leaked internal documents, the Company broke local laws and utilized “kill switches” to cut off authorities’ access to sensitive records. According to the article, the Company was aware of its illegal status in some markets, among other questionable business practices. Based on this news, shares of Uber dropped by more than 5% on July 11, 2022.
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm’s website at www.schallfirm.com, or by email at [email protected].
The class in this case has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
CONTACT:
The Schall Law Firm
Brian Schall, Esq.
310-301-3335
[email protected]
www.schallfirm.com
SOURCE: The Schall Law Firm
View source version on accesswire.com:
https://www.accesswire.com/708361/INVESTIGATION-ALERT-The-Schall-Law-Firm-Encourages-Investors-in-Uber-Technologies-Inc-with-Losses-of-100000-to-Contact-the-Firm
