Rosen Law Firm Urges UiPath Inc. Investors to Assert Rights Before Class Action Deadline

Rosen Law Firm, a preeminent global investor rights legal practice, has issued a reminder for investors who purchased the securities of UiPath Inc. PATH during the class period from December 1, 2023, to May 29, 2024. These investors are urged to seek counsel prior to the August 19, 2024, deadline for the lead plaintiff position in a securities class action lawsuit that has been filed. Rosen Law Firm aims to recover damages for UiPath's shareholders under federal securities laws.

Understanding the Allegations

The complaint alleges that throughout the class period, UiPath Inc. released materially misleading business information to the investing public. Consequently, investors experienced damages when the truth was revealed.

The Significance for Investors Holding PATH

UiPath Inc., a leader in automation platforms based in New York, New York and operating across the globe, predominantly in the United States, Romania, and Japan, faces accusations which, if proven, could affect their stock valuation and in turn, investor assets. The upcoming deadline marks a critical opportunity for stockholders of UiPath Inc. who have been adversely impacted to participate in the lawsuit.

Next Steps for Affected Investors

Shareholders who have purchased UiPath Inc. securities during the specified period and wish to discuss this action, or have any questions concerning this notice or their rights or interests, are encouraged to seek legal counsel. As the August 19, 2024, lead plaintiff deadline approaches, investors in PATH stocks must decide their course of action.

Rosen, UiPath, Deadline