The Law Offices of Frank R. Cruz announces an investigation of Uber Technologies, Inc. (“Uber” or the “Company”) (NYSE: UBER) on behalf of investors concerning the Company’s possible violations of federal securities laws.
IF YOU ARE AN INVESTOR WHO LOST MONEY ON UBER TECHNOLOGIES, INC. (UBER), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS.
What Is the Investigation About?
On April 21, 2025, the U.S. Federal Trade Commission filed a lawsuit against Uber for deceptive billing and cancellation practices related to its Uber One subscription services. Specifically, the FTC claims that the Company charges customers without consent, that the promised amount of savings is not accurate, and that, despite claims that an Uber One subscription can be canceled at “any time,” the process is difficult and can result in additional fees.
On this news, Uber’s stock price fell $2.32, or 3.1%, to close at $72.92 per share on April 21, 2025, thereby injuring investors.
Contact Us to Participate or Learn More:
If you purchased Uber securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us:
The Law Offices of Frank R. Cruz
2121 Avenue of the Stars, Suite 800
Century City, California 90067
Call us at: 310-914-5007
Email us at: info@frankcruzlaw.com
Visit our website at: www.frankcruzlaw.com.
Follow us for updates on Twitter at twitter.com/FRC_LAW.
If you inquire by email, please include your mailing address, telephone number, and number of shares purchased.
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View source version on businesswire.com: https://www.businesswire.com/news/home/20250421076042/en/
Contacts
The Law Offices of Frank R. Cruz, Los Angeles
Frank R. Cruz
310-914-5007
fcruz@frankcruzlaw.com
www.frankcruzlaw.com
