UiPath, Inc. Class Action Lawsuit - PATH

According to the complaint, it alleges that throughout the Class Period, 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.

In order to be eligible to join the PATH class action lawsuit, you must have incurred a loss on shares of UiPath purchased during the class period listed above.

If you suffered a loss in UiPath during the relevant time frame or pursuant to the relevant offering(s), you have until August 19, 2024 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.