UiPath, Inc. Sued for Securities Law Violations - Investors Should Contact The Gross Law Firm Before August 19, 2024 to Discuss Your Rights - PATH

Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of UiPath, Inc. regarding a class action lawsuit alleging that the company made materially false and misleading statements about its turnaround strategy during the specified class period [1]. Group 1: Allegations and Class Period - The class period for the allegations is from December 1, 2023, to May 29, 2024 [1]. - The complaint claims that defendants misrepresented the success of UiPath's turnaround strategy, stating that the company was effectively executing the strategy and seeing positive results in deal and customer quality [1]. - Specific statements from defendants included claims of better execution and strategic investments leading to continued momentum [1]. Group 2: Next Steps for Shareholders - Shareholders who purchased shares during the class period are encouraged to register for the class action by August 19, 2024 [2]. - Once registered, shareholders will be enrolled in a portfolio monitoring software to receive updates on the case [2]. - There is no cost or obligation for shareholders to participate in the case [2]. Group 3: About the Gross Law Firm - The Gross Law Firm is a nationally recognized class action law firm focused on protecting investors' rights against deceit and fraud [3]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements or omissions [3].