UIPATH NEWS ALERT: BFA Law Announces Investigation

NEW YORK, June 8, 2024 (GLOBE NEWSWIRE) — Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into UiPath, Inc. (NYSE: PATH) for possible violations of the federal securities laws following the CEO resignation and stock plunge of over 34% during trading on May 30, 2024. If you have suffered losses on your UiPath investment, you are asked to submit your information to: https://www.bfalaw.com/cases/uipath-inc-investigation.

Why is UiPath, Inc. being investigated for securities fraud?

On May 29, 2024, after the market close, UiPath announced the abrupt departure of CEO Robert Enslin, reported disappointing financial results for Q1 2025, and revised downward its financial guidance for Q2 and FY 2025. UiPath attributed the disappointing financial results and guidance to poor execution of its sales strategy, inability to scale its growth products, failed investments the company had previously made to accelerate growth, and challenging macroeconomic conditions. The company’s stock price fell 34% during trading on May 30, 2024.

BFA is investigating whether UiPath and certain of its executive officers made materially false or misleading statements to investors with respect to the matters described above.

Click here if you have suffered losses: https://www.bfalaw.com/cases/uipath-inc-investigation.

What can you do?

If you have invested in UiPath, Inc., you have rights and are encouraged to submit your information to speak with an attorney.

All representation is on a contingency basis. There are no costs for youShareholders will not be responsible for any court or litigation costs. The Company will seek court approval for any fees and costs. Send your information:

https://www.bfalaw.com/cases/uipath-inc-investigation

Or contact us at:
Ross Shikowitz
[email protected]
212-789-3619

Why Bleichmar Fonti & Auld LLP?

Bleichmar Fonti & Auld LLP is a leading international law firm representing plaintiffs in class actions and shareholder litigation. It was named a Top 5 Plaintiffs Firm for 2023 by ISS SCAS and its lawyers have been named Titans of the Plaintiffs’ Bar by Law360 and SuperLawyers by Thompson Reuters. Recent notable successes include BFA recovering over $900 million in value from the board of Tesla, Inc. (subject to court approval), as well as $420 million from Teva Pharmaceutical Ind. Ltd.

For more information about BFA and its attorneys, visit https://www.bfalaw.com.

https://www.bfalaw.com/cases/uipath-inc-investigation

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