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The filed complaint alleges that Uber Technologies, Inc. made materially false and/or misleading statements and/or failed to disclose that: The Federal Trade Commission ("FTC") filed a lawsuit against Uber on April 21, 2025. The lawsuit accuses Uber of deceptive practices related to its Uber One subscription service. Specifically, the FTC alleges that Uber signed up some Uber One subscribers without their knowledge and made deceptive claims about the service. Following this news, Uber stock fell over 4% in afternoon trading on the same day.
In order to be eligible to join the UBER class action lawsuit, you must have incurred a loss on shares of Uber purchased during the class period listed above.
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