Press release
Investigation announced for Investors in UiPath Inc. (NYSE: PATH) shares over possible Violations of Securities Laws
An investigation for investors in UiPath Inc. (NYSE: PATH) shares over potential securities laws violations by UiPath Inc.
Investors who purchased shares of UiPath Inc. (NYSE: PATH), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of UiPath Inc. (NYSE: PATH) concerning whether a series of statements by UiPath Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
New York based UiPath Inc. provides an end-to-end automation platform that offers a range of robotic process automation (RPA) solutions primarily in the United States, Romania, and Japan. UiPath Inc. reported that its Total Revenue rose from $607.64 million for the 12 months period that ended on January 31, 2021, to $892.25 million for the 12 months period that ended on January 31, 2022, and that its Net Loss increased from $92.39 million to $500.94 million over those respective time periods.
Shares of UiPath Inc. (NYSE: PATH) declined from $88.62 per share on May 24, 2021, to as low as $20.53 per share on March 31, 2022.
Those who purchased shares of UiPath Inc. (NYSE: PATH) have certain options and should contact the Shareholders Foundation.
Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
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