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Join the Securities Litigation and Enforcement Group on LinkedInUber Is Said to File for an I.P.O. as It Races Lyft to a Public Debut – The New York Times
Uber confidentially filed paperwork on Thursday to go public, according to two people with knowledge of the matter, officially moving toward what is expected to be one of the biggest and most anticipated tech company stock market debuts ever. via Uber Is Said to File for an I.P.O. as It Races Lyft to a Public […]
Robbins Geller Hits Uber With First Securities Fraud Suit | National Law Journal
In a surefire sign that legal woes beget more legal woes, lawyers at Robbins Geller Rudman & Dowd on Tuesday fired off the first securities fraud lawsuit against Uber. The suit, filed in U.S. District Court for the Northern District of California, claims the ride-hailing company and former CEO Travis Kalanick misled investors in the […]
US DOJ looking at whether Uber violated foreign bribery laws – Business Insider
The US Department of Justice is looking into whether Uber violated laws involving the bribery of foreign officials, the company confirmed to Business Insider on Tuesday. The DOJ is examining allegations that Uber, the privately-held ride-hailing giant, may have violated the Foreign Corrupt Practices Act. The law makes it illegal for individuals and organizations to pay […]