{"id":782625,"date":"2023-09-07T16:54:02","date_gmt":"2023-09-07T20:54:02","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/class-action-lawsuit-filed-on-behalf-of-uipath-inc-path-investors-nationally-ranked-investors-rights-firm-holzer-holzer-llc-encourages-investors-with-significant-losses-to-contac\/"},"modified":"2023-09-07T16:54:02","modified_gmt":"2023-09-07T20:54:02","slug":"class-action-lawsuit-filed-on-behalf-of-uipath-inc-path-investors-nationally-ranked-investors-rights-firm-holzer-holzer-llc-encourages-investors-with-significant-losses-to-contac","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/class-action-lawsuit-filed-on-behalf-of-uipath-inc-path-investors-nationally-ranked-investors-rights-firm-holzer-holzer-llc-encourages-investors-with-significant-losses-to-contac\/","title":{"rendered":"Class Action Lawsuit Filed on Behalf of UiPath, Inc. (PATH) Investors &#8211; Nationally Ranked Investors\u2019 Rights Firm Holzer &amp; Holzer, LLC Encourages Investors With Significant Losses to Contact the Firm"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">ATLANTA, Sept.  07, 2023  (GLOBE NEWSWIRE) &#8212; Holzer &amp; Holzer, LLC informs investors that a class action lawsuit has been filed against UiPath, Inc. (\u201cUiPath\u201d or \u201cthe Company\u201d) (NYSE: PATH). The lawsuit alleges UiPath made false or misleading statements and\/or omitted material adverse information regarding the Company\u2019s business, operations, and financial condition, including: (a) that UiPath = enacted a widespread discounting program prior to its IPO, which had the effect of temporarily boosting the Company\u2019s revenue and ARR metrics, cannibalizing its future sales, eroding the Company\u2019s margins, and increasing the risk of client churn; (b) that UiPath\u2019s actual total addressable market was not as large as portrayed by defendants; (c) that UiPath was losing customers to Microsoft, ServiceNow, SAP, Salesforce, IBM, and other established enterprise software vendors that were building automation into their platforms; (d) that UiPath was losing customers due to the increased availability of low-code automation software offered by vendors; (e) that UiPath was suffering from a loss of channel sales due to strained relationships with the Company\u2019s partners as a result of increased competition between UiPath and these partners.<\/p>\n<p align=\"justify\">If you bought shares of UiPath between April 21, 2021 and March 30, 2022, and you suffered a significant loss on that investment, you are encouraged to discuss your legal rights by contacting Corey Holzer, Esq. at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=aQ7okyEN_IyP43uS0LX6PB70G9sfjn9ceqS4EbeXO15GyWXbt43lstTVW6vF6nhwaTo-n4nNvnOkCk5fe3J66GQ_mJHAOVCE-UnaiOyxEIU=\" rel=\"nofollow noopener\" target=\"_blank\">cholzer@holzerlaw.com<\/a> or Joshua Karr, Esq. at\u202f<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=ONERZtVz3eT_7hvvKp1kdFy2ne3VcCBxACTRvKbMLKtO7trPVl2JxtvCZPgPEUtcY4-8M4OED9Zn9hH0iTj_RAiUWLbv4RJwJPXGDsXe9VY=\" rel=\"nofollow noopener\" target=\"_blank\">jkarr@holzerlaw.com<\/a>, by toll-free telephone at (888) 508-6832 or you may visit the firm\u2019s website at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=wc83GEU7w6ITtnbIBLlNbghe2opDaL_aRvfs9biONzKNBUeiIVFrobMyZLMsZ0UpVbMqmOWedD3H59JlsNNyKVa5GcaCAhX0rVEwR3atGd6HTA_T2wLK2su7gFP1VHPo\" rel=\"nofollow noopener\" target=\"_blank\"><u>www.holzerlaw.com\/case\/uipath\/<\/u><\/a> to learn more.<\/p>\n<p align=\"justify\">\n        <strong>The deadline to ask the court to be appointed lead plaintiff in the case is November 6, 2023.<\/strong>\n      <\/p>\n<p align=\"justify\">Holzer &amp; Holzer, LLC, an ISS top rated securities litigation law firm for 2021 and 2022, dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. Since its founding in 2000, Holzer &amp; Holzer attorneys have played critical roles in recovering hundreds of millions of dollars for shareholders victimized by fraud and other corporate misconduct.\u202fMore information about the firm is available through its website,\u202f<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=wc83GEU7w6ITtnbIBLlNbtTxUZnTRqufCuMqepHwVHG2IcCBAlrHvvA3EabDnjxulIaiYODPcZbrAB2z4N1CKofMfcKnns_Zyp3B_S5kePI=\" rel=\"nofollow noopener\" target=\"_blank\">www.holzerlaw.com<\/a>,\u202fand upon request from the firm. Holzer &amp; Holzer, LLC has paid for the dissemination of this promotional communication, and Corey Holzer is the attorney responsible for its content.\u202f\u00a0<\/p>\n<p align=\"justify\">CONTACT:<br \/>Corey Holzer, Esq.<br \/>(888) 508-6832 (toll-free) <br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=aQ7okyEN_IyP43uS0LX6PB70G9sfjn9ceqS4EbeXO15AYNcirLys878D1eZTkxlc4yXRH2sXJXc3ltytxYp5PpMei8OzxSyag4lGbKu85qA=\" rel=\"nofollow noopener\" target=\"_blank\">cholzer@holzerlaw.com<\/a><\/p>\n<p \/>\n      <img decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODkxODYzNiM1ODA0NDM3IzIxODA3Njc=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" src=\"https:\/\/ml.globenewswire.com\/media\/ZjQ5MzkxYzMtMDY0MC00NmM4LWJiYTQtYmNkNWI4YjAzNTBhLTExOTIzMzY=\/tiny\/Holzer-Holzer.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>ATLANTA, Sept. 07, 2023 (GLOBE NEWSWIRE) &#8212; Holzer &amp; Holzer, LLC informs investors that a class action lawsuit has been filed against UiPath, Inc. (\u201cUiPath\u201d or \u201cthe Company\u201d) (NYSE: PATH). The lawsuit alleges UiPath made false or misleading statements and\/or omitted material adverse information regarding the Company\u2019s business, operations, and financial condition, including: (a) that UiPath = enacted a widespread discounting program prior to its IPO, which had the effect of temporarily boosting the Company\u2019s revenue and ARR metrics, cannibalizing its future sales, eroding the Company\u2019s margins, and increasing the risk of client churn; (b) that UiPath\u2019s actual total addressable market was not as large as portrayed by defendants; (c) that UiPath was losing customers to Microsoft, ServiceNow, SAP, Salesforce, &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/class-action-lawsuit-filed-on-behalf-of-uipath-inc-path-investors-nationally-ranked-investors-rights-firm-holzer-holzer-llc-encourages-investors-with-significant-losses-to-contac\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Class Action Lawsuit Filed on Behalf of UiPath, Inc. (PATH) Investors &#8211; Nationally Ranked Investors\u2019 Rights Firm Holzer &amp; Holzer, LLC Encourages Investors With Significant Losses to Contact the Firm&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-782625","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Class Action Lawsuit Filed on Behalf of UiPath, Inc. (PATH) Investors - Nationally Ranked Investors\u2019 Rights Firm Holzer &amp; Holzer, LLC Encourages Investors With Significant Losses to Contact the Firm - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/class-action-lawsuit-filed-on-behalf-of-uipath-inc-path-investors-nationally-ranked-investors-rights-firm-holzer-holzer-llc-encourages-investors-with-significant-losses-to-contac\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Class Action Lawsuit Filed on Behalf of UiPath, Inc. (PATH) Investors - Nationally Ranked Investors\u2019 Rights Firm Holzer &amp; Holzer, LLC Encourages Investors With Significant Losses to Contact the Firm - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"ATLANTA, Sept. 07, 2023 (GLOBE NEWSWIRE) &#8212; Holzer &amp; Holzer, LLC informs investors that a class action lawsuit has been filed against UiPath, Inc. (\u201cUiPath\u201d or \u201cthe Company\u201d) (NYSE: PATH). The lawsuit alleges UiPath made false or misleading statements and\/or omitted material adverse information regarding the Company\u2019s business, operations, and financial condition, including: (a) that UiPath = enacted a widespread discounting program prior to its IPO, which had the effect of temporarily boosting the Company\u2019s revenue and ARR metrics, cannibalizing its future sales, eroding the Company\u2019s margins, and increasing the risk of client churn; (b) that UiPath\u2019s actual total addressable market was not as large as portrayed by defendants; (c) that UiPath was losing customers to Microsoft, ServiceNow, SAP, Salesforce, &hellip; Continue reading &quot;Class Action Lawsuit Filed on Behalf of UiPath, Inc. 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(PATH) Investors - Nationally Ranked Investors\u2019 Rights Firm Holzer &amp; Holzer, LLC Encourages Investors With Significant Losses to Contact the Firm - Market Newsdesk","og_description":"ATLANTA, Sept. 07, 2023 (GLOBE NEWSWIRE) &#8212; Holzer &amp; Holzer, LLC informs investors that a class action lawsuit has been filed against UiPath, Inc. (\u201cUiPath\u201d or \u201cthe Company\u201d) (NYSE: PATH). The lawsuit alleges UiPath made false or misleading statements and\/or omitted material adverse information regarding the Company\u2019s business, operations, and financial condition, including: (a) that UiPath = enacted a widespread discounting program prior to its IPO, which had the effect of temporarily boosting the Company\u2019s revenue and ARR metrics, cannibalizing its future sales, eroding the Company\u2019s margins, and increasing the risk of client churn; (b) that UiPath\u2019s actual total addressable market was not as large as portrayed by defendants; (c) that UiPath was losing customers to Microsoft, ServiceNow, SAP, Salesforce, &hellip; Continue reading \"Class Action Lawsuit Filed on Behalf of UiPath, Inc. (PATH) Investors &#8211; Nationally Ranked Investors\u2019 Rights Firm Holzer &amp; Holzer, LLC Encourages Investors With Significant Losses to Contact the Firm\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/class-action-lawsuit-filed-on-behalf-of-uipath-inc-path-investors-nationally-ranked-investors-rights-firm-holzer-holzer-llc-encourages-investors-with-significant-losses-to-contac\/","og_site_name":"Market Newsdesk","article_published_time":"2023-09-07T20:54:02+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODkxODYzNiM1ODA0NDM3IzIxODA3Njc=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/class-action-lawsuit-filed-on-behalf-of-uipath-inc-path-investors-nationally-ranked-investors-rights-firm-holzer-holzer-llc-encourages-investors-with-significant-losses-to-contac\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/class-action-lawsuit-filed-on-behalf-of-uipath-inc-path-investors-nationally-ranked-investors-rights-firm-holzer-holzer-llc-encourages-investors-with-significant-losses-to-contac\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Class Action Lawsuit Filed on Behalf of UiPath, Inc. 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