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Breaking News: Johnson Fistel, LLP Investigates UiPath (PATH) Following CEO Departure and Sales Guidance

by GlobeNewswire
May 30, 2024
in Top News
Reading Time: 2 mins read

SAN DIEGO, May 30, 2024 (GLOBE NEWSWIRE) — Shareholder rights law firm Johnson Fistel, LLP is investigating potential violations of securities laws by UiPath Inc. (the “Company” or “UiPath”) (NYSE: PATH). We are looking into whether the Company or its executives failed to disclose vital information to investors, leading to losses on their investments. If you have purchased UiPath securities and have experienced losses, we encourage you to join our investigation to potentially make claims and recover under federal securities laws.

What if I purchased UiPath securities? If you believe that you may have a potential claim against UiPath and would like to participate in the investigation or learn more about your legal rights and options, please contact Johnson Fistel, LLP at (619) 814-4471 or click here to join the investigation online. There is no cost or obligation to you.

Click Here to Join the Investigation

What is Johnson Fistel investigating? On the 30th of May 2024, the share price of UiPath experienced a precipitous decline of 30% in premarket trading, after the Company’s unforeseen announcement of a chief executive officer reorganization and the issuance of sales guidance for the current quarter which notably fell short of analysts’ expectations on Wall Street.

What if I have relevant nonpublic information? Individuals with nonpublic information about the Company should consider whether to assist our investigation or take advantage of the SEC Whistleblower program. Under the SEC program, whistleblowers who provide original information may, under certain circumstances, receive rewards totaling up to thirty percent of any successful recovery made by the SEC. For more information, contact Jim Baker at (619) 814-4471 or jimb@johnsonfistel.com.

About Johnson Fistel, LLP | Top Law Firm, Securities Fraud, Investors Rights:
Johnson Fistel, LLP is a nationally recognized shareholder rights law firm with offices in California, New York, Georgia, and Colorado. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. We also extend our services to foreign investors who have purchased on US exchanges. Stay updated with news on stock drops and learn how Johnson Fistel, LLP can help you recover your losses. For more information about the firm and its attorneys, please visit http://www.johnsonfistel.com.

Attorney advertising.
Past results do not guarantee future outcomes.
Services may be performed by attorneys in any of our offices.

Johnson Fistel, LLP has paid for the dissemination of this promotional communication, and Frank J. Johnson is the attorney responsible for its content.

Contact:

Johnson Fistel, LLP
501 W. Broadway, Suite 800, San Diego, CA 92101
James Baker, Investor Relations or Frank J. Johnson, Esq., (619) 814-4471
jimb@johnsonfistel.com or fjohnson@johnsonfistel.com

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GlobeNewswire
GlobeNewswire
GlobeNewswire,is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.
GlobeNewswire
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