Investigation Overview
An investigation on behalf of investors of Uber Technologies, Inc. (NYSE: UBER) shares over potential securities laws violations by Uber Technologies, Inc. and certain of its directors and officers in connection with certain financial statements was announced.
The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Uber Technologies, Inc. (NYSE: UBER) concerning whether a series of statements by Uber Technologies, Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
San Francisco, CA based Uber Technologies, Inc. Went public on May 10, 2019. Uber Technologies, Inc. priced its shares at $45 per share in the initial public offering (IPO) and sold 180 million shares. Since the IPO shares of Uber Technologies, Inc. (NYSE: UBER) declined to $36.08 per share on May 13, 2019.