Rosen Law Firm Reminds UiPath Investors of Class Action Deadline
- Rosen Law Firm has issued a reminder for UiPath, Inc. securities purchasers to seek legal counsel.
- This advisory comes amid concerns regarding the company's practices or disclosures.
- Investors are urged to ensure their rights are protected following potential securities violations.
New York, NY – The Rosen Law Firm, a prominent global investor rights law firm, has issued a reminder to purchasers of UiPath, Inc. (NYSE: PATH) securities regarding an important deadline in a class action lawsuit. Investors who acquired shares between December 1, 2023, and May 29, 2024, are urged to note the lead plaintiff deadline of August 19, 2024. Those eligible may seek compensation without incurring out-of-pocket fees through a contingency fee arrangement. The firm emphasizes that a lead plaintiff will represent the interests of other class members in the ongoing litigation. Rosen Law Firm specializes in securities class actions and has a notable track record, including the largest securities class action settlement against a Chinese company. The firm has consistently ranked among the top four in this field since 2013, recovering hundreds of millions of dollars for investors. The lawsuit alleges that during the class period, UiPath's executives made materially false and misleading statements regarding the effectiveness of the company's turnaround strategy aimed at boosting growth. Claims included assertions of successful execution of the strategy and improved deal and customer quality, which are now under scrutiny. Investors wishing to join the class action can find more information by visiting the Rosen Law Firm's website or contacting attorney Phillip Kim directly. The firm encourages affected investors to consider their options and select legal counsel of their choice.