{"id":5412,"date":"2026-05-13T22:20:00","date_gmt":"2026-05-13T20:20:00","guid":{"rendered":"http:\/\/stocks-future.com\/?guid=ff30be54934e8acca50d11946d667f68"},"modified":"2026-05-13T22:20:00","modified_gmt":"2026-05-13T20:20:00","slug":"securities-fraud-investigation-into-upwork-inc-upwk-announced-shareholders-who-lost-money-urged-to-contact-glancy-prongay-wolke-rotter-llp-a-leading-securities-fraud-law-firm","status":"publish","type":"post","link":"https:\/\/stocks-future.com\/?p=5412","title":{"rendered":"Securities Fraud Investigation Into Upwork Inc. (UPWK) Announced \u2013 Shareholders Who Lost Money Urged To Contact\u00a0Glancy Prongay Wolke &amp; Rotter LLP, a Leading Securities Fraud Law Firm"},"content":{"rendered":"<p>LOS ANGELES--(BUSINESS WIRE)--<a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.glancylaw.com%2F&amp;esheet=54535533&amp;newsitemid=20260513718199&amp;lan=en-US&amp;anchor=Glancy%20Prongay%20Wolke%20%26%20Rotter%20LLP&amp;index=81&amp;md5=20c7233769f835cf57de55ae31d29eee\" rel=\"nofollow\" shape=\"rect\">Glancy Prongay Wolke &amp; Rotter LLP<\/a>, a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Upwork\u00a0Inc. (\u201cUpwork\u201d or the \u201cCompany\u201d) (NASDAQ:\u00a0<a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Ffinance.yahoo.com%2Fquote%2Fupwk&amp;esheet=54535533&amp;newsitemid=20260513718199&amp;lan=en-US&amp;anchor=UPWK&amp;index=82&amp;md5=5eca4ff829e7ba86d29705a18de93ec5\" rel=\"nofollow\" shape=\"rect\">UPWK<\/a>) investors concerning the Company\u2019s possible violations of the federal securities laws.<\/p><br\/><a href=\"https:\/\/mms.businesswire.com\/media\/20260513718199\/en\/2705227\/5\/Glancy_Logo_Blue.jpg\"><img src=\"https:\/\/mms.businesswire.com\/media\/20260513718199\/en\/2705227\/22\/Glancy_Logo_Blue.jpg\" \/><\/a><br\/><a href=\"https:\/\/mms.businesswire.com\/media\/20260513718199\/en\/2705227\/5\/Glancy_Logo_Blue.jpg\"><img src=\"https:\/\/mms.businesswire.com\/media\/20260513718199\/en\/2705227\/21\/Glancy_Logo_Blue.jpg\" \/><\/a><p class=\"bwalignc\"><b>IF YOU ARE AN INVESTOR WHO LOST MONEY ON UPWORK INC. (UPWK), CLICK\u00a0<\/b><a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.glancylaw.com%2Fcases%2FUpwork-Inc%2F&amp;esheet=54535533&amp;newsitemid=20260513718199&amp;lan=en-US&amp;anchor=HERE&amp;index=83&amp;md5=12d481103878740a4953b884001d776c\" rel=\"nofollow\" shape=\"rect\"><b>HERE<\/b><\/a><b>\u00a0TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS.<\/b><\/p><p><b>What Happened?<\/b><\/p><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 \u201c<i><b>overall impact of AI is marginally a net headwind for Upwork today<\/b><\/i>.\u201d<\/p><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><p><b>Contact Us To Participate or Learn More:<\/b><\/p><p>If you wish to\u202flearn more\u202fabout this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us.<\/p><p>Charles\u00a0Linehan, Esq.,<br\/>Glancy Prongay Wolke &amp; Rotter LLP,<br\/>1925 Century Park East, Suite 2100,<br\/>Los Angeles California 90067<br\/>Email: <a  href=\"mailto:shareholders@glancylaw.com\" rel=\"nofollow\" shape=\"rect\">shareholders@glancylaw.com<\/a><br\/>Telephone: 310-201-9150 (Toll-Free: 888-773-9224)<br\/>Visit our website at\u00a0<a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.glancylaw.com%2F&amp;esheet=54535533&amp;newsitemid=20260513718199&amp;lan=en-US&amp;anchor=www.glancylaw.com&amp;index=84&amp;md5=5e8de2e22d5dffe33187afd325a3d67a\" rel=\"nofollow\" shape=\"rect\">www.glancylaw.com<\/a>.<br\/>Follow us for updates on <a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fglancy-prongay-murray-llp&amp;esheet=54535533&amp;newsitemid=20260513718199&amp;lan=en-US&amp;anchor=LinkedIn&amp;index=85&amp;md5=c6e116a39270fb2cd254e8e0f1bbf810\" rel=\"nofollow\" shape=\"rect\">LinkedIn<\/a>, <a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Ftwitter.com%2FGPM_llp&amp;esheet=54535533&amp;newsitemid=20260513718199&amp;lan=en-US&amp;anchor=Twitter&amp;index=86&amp;md5=e088de723249ed71e6114dba95b67af8\" rel=\"nofollow\" shape=\"rect\">Twitter<\/a>, or <a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.facebook.com%2FGlancyLawFirm%2F&amp;esheet=54535533&amp;newsitemid=20260513718199&amp;lan=en-US&amp;anchor=Facebook&amp;index=87&amp;md5=a89c8867e4c5b99105fec68c670a362b\" rel=\"nofollow\" shape=\"rect\">Facebook<\/a>.<\/p><p><b>Whistleblower Notice<\/b><\/p><p>Persons with non-public information regarding Upwork should consider their options to aid the investigation or take advantage of the SEC Whistleblower Program. Under the program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Charles H. Linehan at 310-201-9150 or 888-773-9224 or email <a  href=\"mailto:shareholders@glancylaw.com\" rel=\"nofollow\" shape=\"rect\">shareholders@glancylaw.com<\/a>.<\/p><p><b>About Glancy Prongay Wolke &amp; Rotter LLP<\/b><\/p><p>GPWR is a premier law firm with decades of experience representing investors and consumers in securities litigation and other complex class action litigation. Recognizing the firm\u2019s recent successes, GPWR was named one of Law360\u2019s Securities Groups of the Year and ranked second-highest in total investor recoveries by Institutional Shareholder Services Securities Class Action Services in 2025. GPWR\u2019s lawyers have handled cases covering a wide spectrum of corporate misconduct and relating to nearly all industries and sectors. GPWR\u2019s past successes have been widely covered by leading news and industry publications such as <i>The Wall Street Journal<\/i>, <i>The Financial Times<\/i>, <i>Bloomberg Businessweek<\/i>, <i>Reuters<\/i>, the <i>Associated Press<\/i>, <i>Barron\u2019s<\/i>, <i>Investor\u2019s Business Daily<\/i>, <i>Forbes<\/i>, and <i>Money<\/i>. Prior results do not guarantee a similar outcome.<\/p><p>This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.<\/p><br\/> <b>Contacts<\/b> <br\/><p class=\"bwalignl\"><b>Contact Us:<\/b><br\/>Glancy Prongay Wolke &amp; Rotter LLP,<br\/>1925 Century Park East, Suite 2100,<br\/>Los Angeles, CA 90067<br\/><b>Charles Linehan<\/b><br\/>Email: <a  href=\"mailto:shareholders@glancylaw.com\" rel=\"nofollow\" shape=\"rect\">shareholders@glancylaw.com<\/a><br\/>Telephone: 310-201-9150<br\/>Toll-Free: 888-773-9224<br\/>Visit our website at:\u00a0<a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.glancylaw.com%2F&amp;esheet=54535533&amp;newsitemid=20260513718199&amp;lan=en-US&amp;anchor=www.glancylaw.com&amp;index=112&amp;md5=a01c5f36462a0d30a641d3e4ec0b4cf6\" rel=\"nofollow\" shape=\"rect\">www.glancylaw.com<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>LOS ANGELES&#8211;(BUSINESS WIRE)&#8211;Glancy Prongay Wolke &amp; Rotter LLP, a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Upwork\u00a0Inc. (\u201cUpwork\u201d or the \u201cCompany\u201d) (NASDAQ:\u00a0UPWK) investors co&#8230;<\/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-5412","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\/5412","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=5412"}],"version-history":[{"count":1,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/5412\/revisions"}],"predecessor-version":[{"id":5413,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/5412\/revisions\/5413"}],"wp:attachment":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5412"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5412"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5412"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}