LOS
ANGELES, July 4, 2024 /PRNewswire/ -- The DJS Law
Group reminds investors of a class action lawsuit against UiPath
Inc. ("UiPath" or "the Company") (NYSE: PATH) for violations of
§§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule
10b-5 promulgated thereunder by the
U.S. Securities and Exchange Commission.
Shareholders who purchased shares of PATH during the class
period listed are encouraged to contact the firm regarding possible
lead plaintiff appointments. Appointment as lead plaintiff is not
required to partake in any recovery.
CLASS PERIOD: December 1,
2023 to May 29, 2024
DEADLINE: August 19,
2024
CASE DETAILS: The complaint alleges that the
Company issued false and/or misleading statements and/or failed to
disclose information pertinent to investors. UiPath announced on
May 29, 2024, that CEO and member of
the board of directors Rob Enslin is
resigning from his positions effective June
1, 2024, to be replaced by former CEO Daniel Dines. Based on this news, shares of
UiPath dropped by 34% in morning trading the next day.
NEXT STEPS FOR SHAREHOLDERS: Please contact David Schwartz, the managing partner of DJS Law
Group, at David@djslawllp.com
WHY DJS LAW GROUP? DJS Law Group's primary focus is to
enhance investor return through balanced counseling and aggressive
advocacy. We specialize in securities class actions, corporate
governance litigation, and domestic/international M&A
appraisals. Our clients are some of the largest and most
sophisticated hedge funds and alternative asset managers in the
world. The litigation claims of our clients are extraordinarily
valuable assets that demand respect, focus, and results.
This press release may be considered Attorney Advertising in
some jurisdictions under the applicable law and rules of
ethics.
CONTACT:
David J.
Schwartz
DJS Law Group
274 White Plains Road, Suite 1
Eastchester, NY 10709
Phone: 914-206-9742
Email: David@djslawllp.com
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SOURCE DJS Law Group LLP