PATH - Class Action Lawsuit Filed on Behalf of UiPath Inc. (PATH) Investors - Nationally Ranked Investors' Rights Firm Holzer & Holzer LLC Encourages Investors With Significant Losses to Contact the Firm | Benzinga

ATLANTA, Sept. 07, 2023 (GLOBE NEWSWIRE) -- Holzer & Holzer, LLC informs investors that a class action lawsuit has been filed against UiPath, Inc. ("UiPath" or "the Company") (NYSE:PATH). The lawsuit alleges UiPath made false or misleading statements and/or omitted material adverse information regarding the Company's business, operations, and financial condition, including: (a) that UiPath = enacted a widespread discounting program prior to its IPO, which had the effect of temporarily boosting the Company's revenue and ARR metrics, cannibalizing its future sales, eroding the Company's margins, and increasing the risk of client churn; (b) that UiPath's actual total addressable market was not as large as portrayed by defendants; (c) that UiPath was losing customers to Microsoft, ...

PATH) Investors - Nationally Ranked Investors' Rights Firm Holzer & Holzer, LLC Encourages Investors With Significant Losses to Contact the Firm>Full story available on Benzinga.com