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Investigation launched into Upwork over possible securities law violations after revenue guidance cut.

Market News
11 May 2026
Newsfile Corp
View Source
Bearish
pluang ai news

Levi & Korsinsky has started an investigation into Upwork Inc. for potential violations of federal securities laws. The probe follows Upwork's CEO's optimistic revenue and AI growth statements during the Q4 2025 earnings call, which were later contradicted by a downward revision of Q2 2026 guidance and revenue expectations. This discrepancy led to a 19% drop in Upwork's stock price after Q1 2026 results were released. Investors who suffered losses may seek recovery under securities laws through Levi & Korsinsky's legal team.

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