Core Viewpoint - Pomerantz LLP is investigating claims of potential securities fraud and unlawful business practices involving Uber Technologies, Inc. following a lawsuit filed by the Federal Trade Commission (FTC) [1][3]. Group 1: Legal Issues - The FTC filed a lawsuit against Uber on April 21, 2025, alleging violations of the FTC Act and the Restore Online Shoppers' Confidence Act [3]. - The lawsuit claims that Uber's Uber One subscription service charged customers without their consent, failed to deliver promised savings, and made it difficult for users to cancel their subscriptions [3]. Group 2: Market Reaction - Following the announcement of the FTC's lawsuit, Uber's stock price decreased by $2.23 per share, representing a 3.08% decline, closing at $72.92 per share on April 21, 2025 [4]. Group 3: Pomerantz LLP Background - Pomerantz LLP is recognized as a leading firm in corporate, securities, and antitrust class litigation, with a history of recovering multimillion-dollar damages for victims of securities fraud and corporate misconduct [5].
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Uber Technologies, Inc. – UBER