PATH - UiPath (PATH) faces securities fraud lawsuit after disappointing earnings – Hagens Berman | Benzinga

SAN FRANCISCO, Oct. 16, 2023 (GLOBE NEWSWIRE) -- Hagens Berman urges UiPath Inc. (NYSE:PATH) investors who suffered $250k or more in losses to submit your losses now.

Class Period: Apr. 21, 2021 – Mar. 30, 2022
Lead Plaintiff Deadline: Nov. 6, 2023
Visit: www.hbsslaw.com/investor-fraud/PATH
Contact An Attorney Now: PATH@hbsslaw.com
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UiPath Inc. (PATH) Securities Fraud Class Action:

The complaint alleges that UiPath made false and misleading statements and failed to disclose that it: (1) had enacted a widespread discounting program before its April 21, 2021 IPO, temporarily boosting its revenue and annualized recurring revenue ("ARR") metrics, cannibalizing future sales, eroding margins, and increasing the risk of client churn; (2) overstated its actual total addressable market ("TAM") because many companies included in UiPath's market survey did not need the type of ...

PATH) faces securities fraud lawsuit after disappointing earnings" – Hagens Berman>Full story available on Benzinga.com