$UBER Soars With AV Partnerships and Tax Wins — But Its IPO Troubles Still Cast a Long Shadow

Court: N.D. California

Case: 3:19-cv-06361

Uber UBER is riding momentum from its AV alliances and tax policy tailwinds. The stock is up more than 60% YTD, hitting new highs as analysts raise targets. BofA now sees it at $115, citing better driver supply and efficiency from Trump’s tax-free tips law. Uber-backed Moove is also raising $1.2B to expand AV deployment with Waymo — a critical partner since 2023.

Meanwhile, ride prices are up 8.4% YoY, bookings are growing, and Uber’s expansion with Waymo into cities like Philadelphia is seen as key for its long-term AV strategy. Despite a pending FTC lawsuit over deceptive billing, the market remains bullish.

Amid the optimism, Uber is still cleaning up legal fallout from its IPO — and some investors could be owed a payout.

• May 2019: Uber IPO raises $8.1B.

• Aug 2019: Reports $5.2B Q2 loss; UBER falls over 20%.

• Oct 2019: Investors sue over misleading disclosures.

• Hiding major safety incidents: 5,981 assaults, 107 crash deaths, 19 fatal assaults.

• Bypassing regulations in countries like India, Brazil, and Tanzania.

• Promoting unsustainable growth through illegal expansion models.

• Uber settled for $200 million.

• If you bought UBER in 2019, you might still qualify.

• Late claims are being accepted.

• Payouts usually take 8–12 months after court approval.

You can check more information about it and file for a payout HERE.

Growth may be back — but part of Uber’s past still has a price.