Uber Technologies, Inc. Investors

Kessler Topaz Meltzer & Check, LLP announces that it is investigating Uber Technologies, Inc. (“Uber”) on behalf of purchasers of Series D, Series E, Series F, and Series G Preferred Stocks.

Since June 2014, Uber has raised over $10 billion from investors through private fundraising rounds, either directly or indirectly through pass-through investment vehicles.  Those fundraising rounds resulted in the issuance of Series D, Series E, Series F, and Series G Preferred Stock to investors and investment entities.

About Uber Technologies, Inc.

Uber Technologies Inc. is a global transportation technology company headquartered in San Francisco, California, operating in 633 cities worldwide.

Alleged Wrongful Conduct

On August 23, 2017, Bloomberg reported that several mutual fund investors “marked down the value of their shares of Uber Technologies Inc. by as much as 15 percent following a drumbeat of bad news, lawsuits and boardroom battles at the ride-hailing company.”

More recently, on November 28, 2017, The Street.com reported that Uber’s “string of leadership and business failures may have cost investors more than $20 billion, according to reports that suggest Japan’s SoftBank is seeking a 30% discount on its massive investment in the ride sharing group.”

Similarly, The Economic Times reported that SoftBank’s offer “would value the ride-hailing company at $48 billion, or about 30 percent lower than the valuation it fetched in its most recent round of fundraising.”

If you are a current or former Uber Technologies, Inc. investor who purchased Series D, Series E, Series F, or Series G Preferred Stock, and would like to learn more about our investigation, please fill out our online form, or contact us today at 888-299-7706 or by email at [email protected].