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Uber Scandals

Posted on September 27, 2017November 27, 2017 by bedelman

Investors mark down their holdings in Uber

In litigation challenging various Uber misconduct, plaintiffs point out that Uber’s investors have begun to mark down their investments in the companies. Vanguard and T. Rowe Price reportedly marked down their shares by as much as 15%. Plaintiffs say that Uber’s loss in market capitalization was at least $18 billion.

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