Overview

Basic information

Litigation

Active legal matters

Material Events

8-K disclosures

SEC Filings

Key regulatory docs

Insider Transactions

Ownership changes

Overview

Basic information

Litigation

Active legal matters

Material Events

8-K disclosures

SEC Filings

Key regulatory docs

Insider Transactions

Ownership changes

Uber Technologies, Inc (UBER) Class Action Lawsuit (October 2019)

Settlement

3:19cv6361 • October 4, 2019

Class Period Start

May 10, 2019

Class Period End

July 18, 2024

PSLRA Deadline

December 3, 2019

Case Allegations

10b5 + Sec11

10b-5 Statutes of Repose

May 10, 2022

Sec11 Statutes of Repose

May 10, 2022

Country

United States

Court

Federal Court

Settlement Information

Please note that for cases in the settlement stage, claims are handled by the claims administrator and NOT Levi & Korsinsky. Any information or documentation previously provided to us does not constitute submission of a claim. If you need to file a claim, check the status of a claim, or have questions regarding distribution of settlement funds, please contact the claims administrator below.

Claim Deadline

November 20, 2024

Settlement Fund

$200,000,000

Settlement Status

Final Approval

Settlement Class

All persons or entities that purchased or otherwise acquired Uber’s publicly traded common stock pursuant and/or traceable to the Offering Documents for Uber’s IPO, and were damaged thereby, i.e., you purchased shares during the period from May 10, 2019 through November 5, 2019, you may be entitled to a payment from a class action settlement.

Claim Administrator


Uber Securities Litigation c/o A.B. Data, Ltd. P.O. Box 173070 Milwaukee, WI 53217
+1 877-390-3460
[email protected]

Hearing Date

December 5, 2024

Opt-out Deadline

November 14, 2024

Settlement Note

Download here

Proof Of Claim

Download here

Docket History

Dec 4, 2024

Final Approval of Settlement

The court has granted final approval of the settlement. Eligible investors who submit valid claims may receive a payment once the claims review and distribution process is completed.

Oct 5, 2024

Motion for Final Approval of Settlement

The parties have asked the court to grant final approval of the proposed settlement. The judge will consider whether the settlement should be approved after reviewing the settlement terms and any objections. If approved, eligible investors who submit valid claims may receive a payment after the claims review and distribution process is completed.

Aug 23, 2024

Proof of Claim Form

To receive your portion of the recovery (if you are eligible), you must submit this form to the claims administrator by the deadline indicated on the form itself. If you do not submit this form in time, you will not be entitled to compensation. If you have questions about how to complete the form, you should contact the claims administrator.

Aug 23, 2024

Notice of Pendency

Aug 9, 2024

Preliminary Approval of Settlement

The court has granted preliminary approval of a proposed settlement. This means the settlement can move forward for further consideration, but it has not yet received final approval. Potential class members will generally receive notice explaining the settlement, their rights, and any deadlines for submitting a claim, objecting to the settlement, or choosing not to participate.

Jul 19, 2024

Motion for Preliminary Approval of Settlement

The parties have asked the court to give preliminary approval to a proposed settlement. The judge will review the request and decide whether the settlement can move forward to the next stage. If approved, potential class members will generally receive information about the settlement and their rights, including any deadlines for taking action.

Oct 6, 2022

Scheduling Order

Aug 9, 2022

On Appeal

Jul 26, 2022

Class Certification Granted

The court has determined that a class action is the appropriate method to bring the claims by class members. Usually, when a class is certified, the judge will also affirm an individual or entity to represent the class and finalize a class definition (i.e.: who is represented in the lawsuit).

Oct 29, 2021

Motion for Class Certification

The plaintiffs have asked the court to approve the lawsuit to proceed as a class action on behalf of a group of investors. The judge will decide whether the case meets the requirements for class certification and which investors and claims may be included.

Oct 1, 2021

Motion to Dismiss Denied

The court has denied the defendants' request to dismiss the lawsuit. The case can now move forward to the next stage of litigation.

Jun 28, 2021

Motion to Dismiss

After reviewing the complaint(s) filed by plaintiffs, defendants have filed a motion requesting that the court dismiss some or all of the plaintiffs' claims. In a motion to dismiss, defendants might challenge the validity of plaintiffs' claims or adequacy of plaintiffs' pleadings. Once a motion to dismiss is filed, the judge will make a decision on whether part or all of the case should be dismissed or the case can proceed as alleged.

May 14, 2021

Second Amended Complaint

A new complaint has been filed on behalf of certain investors in Uber Technologies, Inc. Amended complaints may contain additional facts, parties, allegations, a change in the class definition, etc.

May 3, 2021

Scheduling Order

Dec 16, 2020

Scheduling Order

Sep 25, 2020

Motion for Class Certification

The plaintiffs have asked the court to approve the lawsuit to proceed as a class action on behalf of a group of investors. The judge will decide whether the case meets the requirements for class certification and which investors and claims may be included.

Aug 27, 2020

Scheduling Order

Aug 7, 2020

Motion to Dismiss Denied

The court has denied the defendants' request to dismiss the lawsuit. The case can now move forward to the next stage of litigation.

Jun 10, 2020

Scheduling Order

May 5, 2020

Motion to Dismiss

After reviewing the complaint(s) filed by plaintiffs, defendants have filed a motion requesting that the court dismiss some or all of the plaintiffs' claims. In a motion to dismiss, defendants might challenge the validity of plaintiffs' claims or adequacy of plaintiffs' pleadings. Once a motion to dismiss is filed, the judge will make a decision on whether part or all of the case should be dismissed or the case can proceed as alleged.

Apr 16, 2020

Scheduling Order

Mar 3, 2020

First Amended Complaint

A new complaint has been filed on behalf of certain investors in Uber Technologies, Inc. Amended complaints may contain additional facts, parties, allegations, a change in the class definition, etc.

Feb 4, 2020

Scheduling Order

Jan 3, 2020

Appointment of Lead Plaintiff

The court has appointed a lead plaintiff to represent the interests of investors in the lawsuit. The lead plaintiff works with the attorneys handling the case, helps oversee the litigation, and represents the interests of the proposed class.

Oct 4, 2019

First Filed Complaint

A securities fraud class action complaint has been filed on behalf of certain investors in Uber Technologies, Inc.

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