NEW YORK, June 25, 2024 /PRNewswire/ -- Details of the case: According to the lawsuit, throughout the Class Period, defendants made materially false and misleading statements concerning the success of UiPath's turnaround strategy, which had been designed to accelerate growth. For instance, defendants represented that UiPath was "executing against that strategy, and we're seeing [the] results in the deal quality and the customer quality," asserted that "our strategic investments in innovations and our go-to- ...

NEW YORK, June 25, 2024 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces it has filed a lawsuit against UiPath, Inc. ("UiPath" or the "Company") (NYSE:PATH) and certain of the Company's senior executives. Investors have until August 19, 2024 to ask the Court to be appointed to lead the case. The complaint asserts claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors in UiPath securities between December 1, 2023 and the close o ...

The class action concerns whether UiPath and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. [Click here for information about joining the class action] On this news, UiPath's stock price fell $6.23 per share, or over 34%, to close at $12.07 per share on May 30, 2024. CONTACT: Danielle Peyton Pomerantz LLP [email protected] 646-581-9980 ext. 7980 NEW YORK, June 24, 2024 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has bee ...

SAN DIEGO, June 23, 2024 (GLOBE NEWSWIRE) -- The law firm of Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of UiPath, Inc. (NYSE: PATH) securities between December 1, 2023 and the close of trading on May 29, 2024, both dates inclusive (the "Class Period"), have until August 19, 2024 to seek appointment as lead plaintiff of the UiPath class action lawsuit. Captioned Steiner v. UiPath, Inc., No. 24-cv-04702 (S.D.N.Y.), the UiPath class action lawsuit charges UiPath and certain of UiP ...

NEW YORK, June 22, 2024 (GLOBE NEWSWIRE) -- SO WHAT: If you purchased UiPath securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Fi ...

If you suffered losses on your UiPath investment, you are encouraged to submit your information at https://www.bfalaw.com/cases/uipath-inc-investigation. This news caused the price of UiPath stock to decline $6.23 per share, or more than 34%, from $18.30 per share on May 29, 2024, to $12.07 per share on May 30, 2024, resulting in significant harm to investors. NEW YORK, June 22, 2024 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces it has filed a lawsuit against UiPath, I ...

For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003. The complaint alleges that on May 29, 2024, UiPath announced the sudden departure of defendant Enslin as CEO and the reappointment of defendant Dines as CEO. On the same day, UiPath announced disappointing 1Q 25 financial results and significantly cut its FY 25 revenue guidance by 10%, or $150 million, to a range of $1.405 billion to $1.410 billion. UiPath attributed the poor results and guidance to "c ...

NEW YORK, June 21, 2024 (GLOBE NEWSWIRE) -- Bernstein Liebhard LLP: Do you, or did you, own shares of UiPath, Inc. (NYSE: PATH)? Did you purchase your shares between December 1, 2023 and May 29, 2024, inclusive? Did you lose money in your investment in UiPath, Inc.? Do you want to discuss your rights? Bernstein Liebhard LLP announces that a securities class action lawsuit has been filed on behalf of investors who purchased or acquired securities of UiPath, Inc. ("UiPath" or the "Company") (NYSE: PATH) betwe ...

Two attractive AI businesses are UiPath (PATH 0.98%) and C3.ai (AI -4.39%). Each provides AI software used by customers to automate aspects of their operations. This approach has enabled both companies to flourish. The company had been on a trajectory of strong year-over-year revenue growth. In its fiscal first quarter, ended April 30, it generated $335 million in revenue, a 16% year-over-year increase. C3.ai's software platform enables customers to easily adopt AI technology and apply it to their business. ...

SAN DIEGO, June 20, 2024 (GLOBE NEWSWIRE) -- Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of UiPath, Inc. (NYSE: PATH) securities between December 1, 2023 and the close of trading on May 29, 2024, inclusive (the "Class Period"), have until August 19, 2024 to seek appointment as lead plaintiff of the UiPath class action lawsuit. Captioned Steiner v. UiPath, Inc., No. 24-cv-04702 (S.D.N.Y.), the UiPath class action lawsuit charges UiPath and certain of UiPath's top current and forme ...