Finance

Rosen Law Firm Announces Lead Plaintiff Deadline In UiPath, Inc. Securities Fraud Lawsuit

Published July 15, 2024

Rosen Law Firm, renowned as a champion of global investor rights, is issuing a reminder to all investors who purchased securities from PATH, UiPath Inc., within the timeframe of December 1, 2023, and May 29, 2024. Those who acquired shares during this designated Class Period are alerted to the approaching deadline of August 19, 2024, to apply for the position of lead plaintiff in a securities fraud lawsuit against UiPath, Inc.

Understanding the Legal Proceedings

A securities fraud lawsuit has been filed on behalf of shareholders who allege that UiPath, Inc. provided misleading business information during the specified Class Period, negatively affecting investor trust and the value of their investments. Those who have incurred losses by investing in PATH stock are encouraged to reach out and take an active role in the lead plaintiff process. The designation of lead plaintiff is not mandated for participation in any recovery, but it will enable investors to steer the direction of the lawsuit under the supervision of the court.

About UiPath, Inc.

With headquarters in New York, New York, PATH, UiPath Inc. is a global leader in end-to-end automation, providing cutting-edge robotic process automation (RPA) solutions. Predominantly servicing the United States, Romania, and Japan, UiPath's technology is at the forefront of streamlining and enhancing business processes across various industries.

Comparative Company Profile

In comparison, META, Meta Platforms, Inc., is a technological powerhouse, facilitating worldwide connectivity and content sharing through a diverse array of consumer electronic platforms, including mobile devices, PCs, and even wearable technology. Like UiPath Inc., Meta Platforms holds a significant role in shaping the future of digital communication, with a strong base in Menlo Park, California.

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