UiPath Inc.
The law firm of Kirby McInerney LLP announces that a class action lawsuit has been filed in the U.S. District Court for the Southern District of New York on behalf of those who acquired UiPath, Inc. (“UiPath” or the “Company”) (NYSE: PATH) securities during the period of December 1, 2023 to May 29, 2024, inclusive (“the Class Period”). Investors have until August 19, 2024 to apply to the Court to be appointed as lead plaintiff in the lawsuit.
On May 29, 2024, UiPath announced that Rob Enslin, the Company’s CEO and a member of its board of directors was resigning from his positions effective June 1, 2024, to be replaced by former CEO Daniel Dines. On this news, the price of UiPath shares declined by $6.23 per share, or approximately 34%, from $18.30 per share on May 29, 2024 to close at $12.07 on May 30, 2024.
On May 29, 2024, UiPath announced that Rob Enslin, the Company’s CEO and a member of its board of directors was resigning from his positions effective June 1, 2024, to be replaced by former CEO Daniel Dines. On this news, the price of UiPath shares declined by $6.23 per share, or approximately 34%, from $18.30 per share on May 29, 2024 to close at $12.07 on May 30, 2024.