NEW YORK, July 10, 2024 (GLOBE NEWSWIRE) — Levi & Korsinsky, LLP notifies investors in UiPath, Inc. (“UiPath” or the “Company”) (NYSE: PATH) in a securities class action lawsuit.
CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of UiPath investors harmed by alleged securities fraud between December 1, 2023 and May 29, 2024. Follow the link below for more information and to be contacted by a member of our team:
AWAY Investors may also contact Joseph E. Levi, Esq. by email at [email protected] or by phone at (212) 363-7500.
CASE DETAILS: According to the lawsuit, defendants make materially false and misleading statements throughout the Class Period regarding the success of UiPath’s turnaround strategy. For example, defendants claimed that the company “is executing on this strategy and we are seeing the results in terms of business and customer quality,” they claimed that “our strategic investments in innovation and our go-to-market ecosystem position us well for continued momentum,” and that “since the turnaround strategy was implemented, there is no doubt that there has been better execution.”
WHAT’S NEXT? If you have suffered a loss with UiPath during the relevant period, you have until 19 August 2024 to request that the Court appoint you as lead plaintiff. Your ability to share in any compensation is not dependent on your serving as lead plaintiff.
NO COST TO YOU: If you are a member of a class action lawsuit, you may be entitled to compensation without incurring any out-of-pocket costs or fees. Participation is free of charge and involves no obligations.
WHY LEVI & KORSINSKY: Over the past 20 years, the Levi & Korsinsky team has recovered hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes litigation. Our firm has extensive experience representing investors in complex securities litigation and a team of over 70 dedicated to serving our clients. For seven consecutive years, Levi & Korsinsky has been ranked as one of the top securities litigation firms in the United States in the ISS Securities Class Action Services Top 50 Report.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 17th Floor
New York, NY 10004
[email protected]
Phone: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com
