{"id":45013,"date":"2026-06-02T21:56:37","date_gmt":"2026-06-02T21:56:37","guid":{"rendered":"https:\/\/allonlinebanglanewspapers.com\/news\/investor-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-upwork-inc-upwk\/"},"modified":"2026-06-02T21:56:37","modified_gmt":"2026-06-02T21:56:37","slug":"investor-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-upwork-inc-upwk","status":"publish","type":"post","link":"https:\/\/allonlinebanglanewspapers.com\/news\/investor-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-upwork-inc-upwk\/","title":{"rendered":"INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Upwork Inc. – UPWK"},"content":{"rendered":"
\n

NEW YORK, June 02, 2026 (GLOBE NEWSWIRE) — Pomerantz LLP is investigating claims on behalf of investors of Upwork Inc. (\u201cUpwork\u201d or the \u201cCompany\u201d) (NASDAQ: UPWK).\u00a0 Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com<\/u><\/a>\u00a0or 646-581-9980, ext.\u00a07980.<\/p>\n

The investigation concerns whether Upwork and certain of its officers and\/or directors have engaged in securities fraud or other unlawful business practices.\u00a0<\/p>\n

[Click here for information about joining the class action]<\/u><\/strong><\/a><\/p>\n

On May 7, 2026, Upwork announced financial results for the first quarter of 2026, revealing that its number of active clients had declined and that gross service volume was approximately flat year-over-year. \u00a0During the earnings call held the same day, Upwork disclosed that \u201caccelerated AI adoption degraded the volume of client activity on the low end, impacting contracts of $500 and below.\u201d \u00a0<\/p>\n

On this news, Upwork\u2019s stock price fell $1.79 per share, or 16.9%, to close at $8.82 per share on May 8, 2026.<\/p>\n

Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com<\/u><\/a>.<\/p>\n

Attorney advertising. Prior results do not guarantee similar outcomes.\u00a0\u00a0<\/p>\n

CONTACT:<\/strong>
Danielle Peyton
Pomerantz LLP
dpeyton@pomlaw.com<\/u><\/a>
646-581-9980 ext. 7980<\/p>\n

\n <\/div>\n","protected":false},"excerpt":{"rendered":"

NEW YORK, June 02, 2026 (GLOBE NEWSWIRE) — Pomerantz LLP is investigating claims on behalf of investors of Upwork Inc. (\u201cUpwork\u201d or the \u201cCompany\u201d) (NASDAQ: UPWK).\u00a0 Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com\u00a0or 646-581-9980, ext.\u00a07980. The investigation concerns whether Upwork and certain of its officers and\/or directors have engaged in securities fraud […]<\/p>\n","protected":false},"author":2,"featured_media":45014,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"fifu_image_url":"https:\/\/ml.globenewswire.com\/media\/YTg0MDJkMjQtODJmMC00ZDc3LWJkNjItN2Q4NTQ3ZWFmOWNlLTEwMjkyMTctMjAyNi0wNi0wMi1lbg==\/tiny\/Pomerantz-LLP.png","fifu_image_alt":"","footnotes":""},"categories":[11],"tags":[],"class_list":["post-45013","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-globenewswire"],"acf":[],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t