Press release
Deadline on August 19th coming up in Lawsuit for Investors who lost money with shares of UiPath Inc. (NYSE: PATH)
A Deadline is coming up on August 19, 2024 in the lawsuit for certain investors in UiPath Inc. (NYSE: PATH).
Investors who purchased shares of UiPath Inc. (NYSE: PATH) have certain options and there are strict and short deadlines running. Deadline: August 19, 2024. NYSE: PATH stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
According to the complaint filed in the U.S. District Court for the Southern District of New York the plaintiff alleges on behalf of purchasers of UiPath Inc. (NYSE: PATH) common shares between December 1, 2023 and May 29, 2024, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between December 1, 2023 and May 29, 2024, the defendants made materially false and misleading statements concerning the success of UiPath's turnaround strategy. For instance, defendants represented that the Company 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-market ecosystem positions us well for continued momentum," and that "there's no doubt there's [been] better execution" since the implementation of the turnaround strategy.
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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