PATH Investors Have the Opportunity to Lead UiPath Inc. Securities Fraud Lawsuit with the Schall Law Firm

Core Viewpoint - A class action lawsuit has been filed against UiPath Inc. for making false and misleading statements regarding its turnaround strategy, which led to investor losses when the truth was revealed [2][7]. Group 1: Company Misrepresentation - UiPath allegedly misrepresented the effectiveness of its turnaround strategy, claiming it was "executing against that strategy" and seeing positive results in deal and customer quality [2]. - The company's public statements were deemed false and materially misleading throughout the class period, which contributed to investor damages when the actual situation was disclosed [2]. Group 2: Legal Proceedings - The class action lawsuit is based on violations of the Securities Exchange Act of 1934 and Rule 10b-5, as enforced by the U.S. Securities and Exchange Commission [7]. - Investors who purchased UiPath securities between December 1, 2023, and May 29, 2024, are encouraged to contact the law firm before August 19, 2024, to discuss their rights [4].