LOS ANGELES--(BUSINESS WIRE)--The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of UiPath Inc. (“UiPath” or “the Company”) (NYSE: PATH) for violations of the securities laws.
The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. UiPath misrepresented the effectiveness of its turnaround strategy, including statements such as its claim it was “executing against that strategy, and we’re seeing [the] results in the deal quality and the customer quality,” and the assertion that “our strategic investments in innovations and our go-to-market ecosystem positions us well for continued momentum.” Based on these facts, the Company’s public statements were false and materially misleading throughout the class period. When the market learned the truth about UiPath, investors suffered damages.
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We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at bschall@schallfirm.com.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
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