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Berger Montague PC Investigates Uber Technologies, Inc.'s Board of Directors for Breach of Fiduciary Duty (UBER)
TMX Newsfile· 2025-12-30 14:36
Group 1 - The core issue involves an investigation into Uber's Board of Directors for potential breaches of fiduciary duties, particularly regarding oversight related to rider safety and driver's background checks [1][2]. - The law firm Berger Montague PC is advising Uber shareholders about this investigation and has provided contact information for further inquiries [2]. - Uber is described as a multinational transportation company that offers ride-hailing, courier services, food delivery, and freight transportation through its digital platform [2]. Group 2 - Berger Montague is a prominent law firm specializing in complex civil litigation, class actions, and mass torts, with a history of recovering over $50 billion for clients [3]. - The firm has achieved more than $2.4 billion in post-trial judgments in 2025 alone, indicating its significant role in complex litigation [3].
Berger Montague PC Investigates Uber Technologies, Inc.'s Board of Directors for Breach of Fiduciary Duty (NYSE: UBER)
Prnewswire· 2025-12-23 21:06
Core Viewpoint - An investigation is underway regarding Uber's Board of Directors for potential breaches of fiduciary duties related to oversight of rider safety and driver's background checks [1] Group 1: Investigation Details - The investigation is being conducted by Berger Montague PC, a national plaintiffs' law firm [1] - Shareholders are encouraged to contact Berger Montague for more information regarding the investigation [2] Group 2: Company Overview - Uber Technologies, Inc. is a multinational transportation company based in San Francisco, offering ride-hailing, courier services, food delivery, and freight transportation through its digital platform [2] - Berger Montague has a strong track record in complex civil litigation, having recovered over $50 billion for clients over 55 years [2]
RBC and Mizuho Stay Positive on Uber Technologies (UBER)
Yahoo Finance· 2025-12-21 20:10
Core Insights - Uber Technologies, Inc. (NYSE: UBER) is recognized as one of the best large-cap stocks to invest in, with RBC Capital reaffirming an Outperform rating and a price target of $110 following investor meetings [1] - Mizuho also maintains an Outperform rating with a price target of $130, highlighting the company's growth strategy in Japan [3] Group 1: Analyst Insights - RBC Capital's analyst, Brad Erickson, expressed optimism after discussions with Uber's management, noting plans for sustained mid to high teens growth and margin leverage despite increased investments in 2026 [2] - The discussions included Uber's autonomous vehicle (AV) strategies, with expectations for market and partner growth in AV initiatives next year [2] Group 2: Strategic Developments - Uber plans significant investments in Japan over the next five years, targeting the largest taxi market globally and aiming to leverage early adoption rates in taxi services and food delivery [4] - The company's management demonstrated flexibility in capital allocation, although share buybacks remain the primary focus for the time being [2]