Investor

ROSEN, A HIGH LEVEL LAW FIRM,

NEW YORK, July 13, 2022 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation into potential securities claims on behalf of shareholders of Uber Technologies, Inc. (NYSE: UBER) arising from allegations that which Uber may have provided misleading business information to the investing public.

SO WHAT: If you purchased Uber securities, you may be entitled to compensation without payment of disbursements or fees through a contingency fee arrangement. The Rosen law firm is preparing a class action lawsuit to recover investors’ losses.

WHAT TO DO NEXT: To join the potential class action lawsuit, go to https://rosenlegal.com/submit-form/?case_id=7523 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] or [email protected] for class action information.

WHAT DOES IT TALK ABOUT: On July 10, 2022, The Guardian published an article titled “Uber broke laws, tricked police and secretly pressured governments, leak reveals.” The article, based on 124,000 documents leaked by a whistleblower, alleged, among other things, that Uber broke local laws when entering new markets, pressured politicians to intervene in investigations against Uber and used “kill switches” to cut off access to company documents. to thwart law enforcement raids. The article further alleges that Uber executives were aware of the company’s illegal status in new markets and even seemed happy to send Uber drivers to violent areas to gain public support for the company.

On this news, Uber’s stock price fell $1.15, or about 5.1%, to close at $21.19 per share on July 11, 2022.

WHY THE ROSEN LAW: We encourage investors to select qualified lawyers with proven track records in leadership roles. Often, companies issuing reviews do not have comparable experience, resources, or significant peer recognition. Many of these companies do not bring securities class action lawsuits. Be wise in choosing lawyers. Rosen Law Firm represents investors worldwide, focusing its practice on securities class action and shareholder derivative litigation. Rosen Law Firm has reached the largest securities class action settlement against a Chinese company. Rosen Law Firm was ranked #1 by ISS Securities Class Action Services for the number of securities class action settlements in 2017. The firm has ranked in the top 4 every year since 2013 and has recovered hundreds of million dollars for investors. In 2019 alone, the company secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s lawyers have been recognized by Lawdragon and Super Lawyers.

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Contact information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, Pennsylvania
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
[email protected]
[email protected]
[email protected]
www.rosenlegal.com