PATH - NYSE: PATH DEADLINE REMINDER: Berger Montague Reminds UiPath (NYSE: PATH) Investors of Important Class Action Lawsuit Deadline | Benzinga

PHILADELPHIA, July 17, 2024 (GLOBE NEWSWIRE) -- Nationally recognized law firm Berger Montague PC informs investors that a lawsuit was filed against UiPath, Inc. ("UiPath" or the "Company") (NYSE:PATH) on behalf of purchasers of UiPath securities between December 1, 2023 and May 29, 2024, inclusive (the "Class Period").

Investors that suffered losses from UiPath (NYSE:PATH) investments can follow the link below for more information regarding the lawsuit:

CLICK HERE to learn more about the lawsuit.

Investors who purchased or acquired UiPath securities during the Class Period may, no later than August 19, 2024, seek to be appointed as a lead plaintiff representative of the class.

According to the complaint, throughout the Class Period, the defendants made materially false and misleading statements concerning UiPath's turnaround strategy, including that the Company was "executing against that strategy, and we're seeing [the] results in the deal quality and the customer quality," "our strategic investments in innovations and our go-to-market ecosystem positions us well for continued momentum," and "there's no doubt there's [been] better execution" since the implementation of the turnaround strategy.

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