PATH - UiPath STOCK NEWS: Johnson Fistel Announces a Class Action Lawsuit has been Filed Against (PATH) | Benzinga

SAN DIEGO, Sept. 07, 2023 (GLOBE NEWSWIRE) -- 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, April 21, 2021 and March 30, 2022, 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: According to the lawsuit, defendants failed to disclose: (a) that UiPath's "ramping" contract model and defendants' directions to investors to focus on the bespoke ARR metric created a materially misleading impression of client demand for the Company's products and its revenue and ARR growth metrics, as the lower initial contract ...

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