Uber Technologies, Inc.

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Investigation Details

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.