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.

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.