{"id":9137,"date":"2026-05-20T21:31:00","date_gmt":"2026-05-20T19:31:00","guid":{"rendered":"http:\/\/stocks-future.com\/?guid=c90e7868093dfacb5729529d272a23bc"},"modified":"2026-05-20T21:31:00","modified_gmt":"2026-05-20T19:31:00","slug":"securities-fraud-investigation-into-upwork-inc-upwk-continues-shareholders-who-lost-money-urged-to-contact-the-law-offices-of-frank-r-cruz","status":"publish","type":"post","link":"https:\/\/stocks-future.com\/?p=9137","title":{"rendered":"Securities Fraud Investigation Into Upwork Inc. (UPWK) Continues \u2013 Shareholders Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz"},"content":{"rendered":"<p>LOS ANGELES--(BUSINESS WIRE)--<a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.frankcruzlaw.com%2F&amp;esheet=54539412&amp;newsitemid=20260520658455&amp;lan=en-US&amp;anchor=The+Law+Offices+of+Frank+R.+Cruz&amp;index=1&amp;md5=a85adb72586bbec291721bd4195aa7b3\" rel=\"nofollow\" shape=\"rect\">The Law Offices of Frank R. Cruz<\/a> continues its investigation of Upwork Inc. (\u201cUpwork\u201d or the \u201cCompany\u201d) (NASDAQ: <a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Ffinance.yahoo.com%2Fquote%2Fupwk&amp;esheet=54539412&amp;newsitemid=20260520658455&amp;lan=en-US&amp;anchor=UPWK&amp;index=2&amp;md5=d312d7f896a52e814ba4ba0c51fe60f1\" rel=\"nofollow\" shape=\"rect\">UPWK<\/a>) on behalf of investors concerning the Company\u2019s possible violations of federal securities laws.<\/p><br\/><a href=\"https:\/\/mms.businesswire.com\/media\/20260520658455\/en\/765953\/5\/Close_Up_Logo_HD_Blue.jpg\"><img src=\"https:\/\/mms.businesswire.com\/media\/20260520658455\/en\/765953\/22\/Close_Up_Logo_HD_Blue.jpg\" \/><\/a><br\/><a href=\"https:\/\/mms.businesswire.com\/media\/20260520658455\/en\/765953\/5\/Close_Up_Logo_HD_Blue.jpg\"><img src=\"https:\/\/mms.businesswire.com\/media\/20260520658455\/en\/765953\/21\/Close_Up_Logo_HD_Blue.jpg\" \/><\/a><p class=\"bwalignc\">\n<b>IF YOU ARE AN INVESTOR WHO LOST MONEY ON UPWORK INC. (UPWK), CLICK <\/b><a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.frankcruzlaw.com%2Fcases%2Fupwork-inc%2F&amp;esheet=54539412&amp;newsitemid=20260520658455&amp;lan=en-US&amp;anchor=HERE&amp;index=3&amp;md5=a560aed0a7e930719182e2fb267a8abc\" rel=\"nofollow\" shape=\"rect\"><b>HERE<\/b><\/a><b> TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS.<\/b><\/p><p>\n<b>What Is The Investigation About?<\/b><\/p><p>\nOn 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<b><i>overall impact of AI is marginally a net headwind for Upwork today<\/i><\/b>.\u201d<\/p><p>\nOn 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>\n<b>Contact Us To Participate or Learn More:<\/b><\/p><p>\nIf 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><p>\nThe Law Offices of Frank R. Cruz,\n<br\/>2121 Avenue of the Stars, Suite 800,\n<br\/>Century City, California 90067\n<br\/>Call us at: 310-914-5007\n<br\/>Email us at: <a  href=\"mailto:info@frankcruzlaw.com\" rel=\"nofollow\" shape=\"rect\">info@frankcruzlaw.com<\/a><br\/>Visit our website at: <a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.frankcruzlaw.com&amp;esheet=54539412&amp;newsitemid=20260520658455&amp;lan=en-US&amp;anchor=www.frankcruzlaw.com&amp;index=4&amp;md5=17626890bf53a1c95e3d705fab16bfdf\" rel=\"nofollow\" shape=\"rect\">www.frankcruzlaw.com<\/a>.\n<br\/>Follow us for updates on Twitter at <a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Ftwitter.com%2FFRC_LAW&amp;esheet=54539412&amp;newsitemid=20260520658455&amp;lan=en-US&amp;anchor=twitter.com%2FFRC_LAW&amp;index=5&amp;md5=586bf1f663efefc0161b5498f9a0ae72\" rel=\"nofollow\" shape=\"rect\">twitter.com\/FRC_LAW<\/a>.<\/p><p>\nIf you inquire by email, please include your mailing address, telephone number, and number of shares purchased.<\/p><p>\nThis press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.<\/p><br\/> <b>Contacts<\/b> <br\/><p>\n<b>Contact Us:<\/b><br\/>The Law Offices of Frank R. Cruz, Los Angeles\n<br\/>Frank R. Cruz\n<br\/>310-914-5007\n<br\/><a  href=\"mailto:fcruz@frankcruzlaw.com\" rel=\"nofollow\" shape=\"rect\">fcruz@frankcruzlaw.com<\/a><br\/><a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.frankcruzlaw.com&amp;esheet=54539412&amp;newsitemid=20260520658455&amp;lan=en-US&amp;anchor=www.frankcruzlaw.com&amp;index=6&amp;md5=bfd41cd8d4598717b0b7156071335d1d\" rel=\"nofollow\" shape=\"rect\">www.frankcruzlaw.com<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>LOS ANGELES&#8211;(BUSINESS WIRE)&#8211;The Law Offices of Frank R. Cruz continues its investigation of Upwork Inc. (\u201cUpwork\u201d or the \u201cCompany\u201d) (NASDAQ: UPWK) on behalf of investors concerning the Company\u2019s possible violations of federal securities laws.<br \/>\nIF YOU &#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-9137","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\/9137","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=9137"}],"version-history":[{"count":1,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/9137\/revisions"}],"predecessor-version":[{"id":9138,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/9137\/revisions\/9138"}],"wp:attachment":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9137"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=9137"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=9137"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}