Glancy Prongay & Murray LLP Reminds Investors of Looming Deadline in the Class Action Lawsuit Against UiPath Inc. (PATH)

LOS ANGELES, July 02, 2024 (GLOBE NEWSWIRE) -- On May 29, 2024, UiPath released its quarterly financial results, disclosing that the Company was experiencing "contract execution challenges on large deals and certain sales compensation changes" which it is "working to rectify." The Company stated that it had "incentivized a little bit less the multiyear deals, which . . . was an execution issue." The Company also announced that CEO Rob Enslin is resigning from his position effective June 1, 2024, and will be ...