{"id":4674,"date":"2026-05-12T23:23:00","date_gmt":"2026-05-12T21:23:00","guid":{"rendered":"http:\/\/stocks-future.com\/?guid=012ba77ae6e9b4459c0d3f991d32361c"},"modified":"2026-05-12T23:23:00","modified_gmt":"2026-05-12T21:23:00","slug":"securities-fraud-investigation-into-upwork-inc-upwk-announced-shareholders-who-lost-money-urged-to-contact-the-law-offices-of-frank-r-cruz","status":"publish","type":"post","link":"https:\/\/stocks-future.com\/?p=4674","title":{"rendered":"Securities Fraud Investigation Into Upwork Inc. (UPWK) Announced \u2013 Shareholders Who Lost Money Urged to Contact The Law Offices of Frank R. Cruz"},"content":{"rendered":"

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz<\/a> announces an investigation of Upwork Inc. (\u201cUpwork\u201d or the \u201cCompany\u201d) (NASDAQ:\u00a0UPWK<\/a>) on behalf of\u00a0investors concerning the Company\u2019s possible violations of federal securities laws.<\/p><\/a><\/a>

IF YOU ARE AN INVESTOR WHO LOST MONEY ON UPWORK INC. (UPWK), CLICK\u00a0<\/b>HERE<\/b><\/a> TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS.<\/b><\/p>

What Is the Investigation About?<\/b><\/p>

On May 7, 2026, Upwork released its first quarter 2026 financial results, revealing that gross service volume was approximately flat year-over-year and the number of active clients had declined. The Company also cut its full year revenue guidance and stated that \u201cthe pace of AI automation was faster than previously seen\u201d and the \u201coverall impact of AI is marginally a net headwind for Upwork today<\/b><\/i>.\u201d<\/p>

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

Contact Us to Participate or Learn More:<\/b><\/p>

If you purchased Upwork securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us:<\/p>

The Law Offices of Frank R. Cruz2121 Avenue of the Stars, Suite 800Century City, California 90067Call us at: 310-914-5007Email us at: info@frankcruzlaw.com<\/a>Visit our website at: www.frankcruzlaw.com<\/a>.Follow us for updates on Twitter at twitter.com\/FRC_LAW<\/a>.<\/p>

If you inquire by email, please include your mailing address, telephone number, and number of shares purchased.<\/p>

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.<\/p> Contacts<\/b>

The Law Offices of Frank R. Cruz, Los AngelesFrank R. Cruz310-914-5007fcruz@frankcruzlaw.com<\/a>www.frankcruzlaw.com<\/a><\/p>","protected":false},"excerpt":{"rendered":"

LOS ANGELES–(BUSINESS WIRE)–The Law Offices of Frank R. Cruz announces an investigation of Upwork Inc. (\u201cUpwork\u201d or the \u201cCompany\u201d) (NASDAQ:\u00a0UPWK) on behalf of\u00a0investors concerning the Company\u2019s possible violations of federal securities laws.IF YOU AR…<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-4674","post","type-post","status-publish","format-standard","hentry","category-infos-businesswire"],"_links":{"self":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/4674","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4674"}],"version-history":[{"count":1,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/4674\/revisions"}],"predecessor-version":[{"id":4675,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/4674\/revisions\/4675"}],"wp:attachment":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4674"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4674"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4674"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}