PATH - NYSE: PATH: Kessler Topaz Meltzer & Check LLP Notifies Investors of a Securities Class Action Lawsuit Filed Against UiPath Inc. | Benzinga
RADNOR, Pa., June 28, 2024 (GLOBE NEWSWIRE) -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed in the United States District Court for the Southern District of New York against UiPath, Inc. ("UiPath") (NYSE:PATH). The action charges UiPath with violations of the federal securities laws, including omissions and fraudulent misrepresentations relating to the company's business, operations, and prospects. As a result of UiPath's materially misleading statements and omissions to the public, UiPath's investors have suffered significant losses. The lead plaintiff deadline is August 19, 2024.
If you suffered UiPath losses, you may CLICK HERE or go to: https://www.ktmc.com/new-cases/uipath-inc?utm_source=PR&utm_medium=link&utm_campaign=path&mktm=r
You can also contact attorney Jonathan Naji, Esq. of Kessler Topaz by calling (484) 270-1453 or by email at info@ktmc.com.
DEFENDANTS' ALLEGED MISCONDUCT
On May 29, 2024, UiPath issued a press release announcing the resignation of Robert Enslin as the company's CEO, effective June 1, 2024, and the reappointment of Daniel Dines as CEO. On that same day, UiPath issued a separate press release announcing disappointing first quarter 2025 financial results and a significant cut in its revenue guidance for ...