PATH - UiPath NEWS: What Does the UiPath Class Action Lawsuit Mean for Shareholders? Contact Johnson Fistel | Benzinga
SAN DIEGO, July 02, 2024 (GLOBE NEWSWIRE) -- Shareholder rights law firm Johnson Fistel, LLP notifies investors of UiPath (NYSE:PATH) that a securities class action lawsuit has been filed. The lawsuit seeks to recover losses on behalf of investors who acquired securities within the class period. Investors who acquired securities during the class period, December 1, 2023 and May 29, 2024, inclusive (the "Class Period") are encouraged to review the following information.
If you would like more information and want to join the class action, please click or copy and paste the following link:
https://www.johnsonfistel.com/investigations/uipath
There is no cost or obligation to you.
Complaint Allegations: The complaint asserts that, during the Class Period, the defendants issued materially false and misleading statements regarding the success of UiPath's turnaround strategy. Specifically, the defendants stated that the Company was "executing against that strategy, and we're seeing [the] results in the deal quality and the customer quality," claimed that "our strategic investments in innovations and our go-to-market ecosystem positions us well for continued momentum," and assured that "there's no doubt there's [been] better ...