Bronstein, Gewirtz & Grossman, LLC Announces an Investigation Against Upwork, Inc. (UPWK) and Encourages Stockholders to Learn More About the Investigation
NEW YORK CITY, NY / ACCESS Newswire / May 25, 2026 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Upwork Inc. ("Upwork" or "the Company") (NASDAQ:UPWK). Investors who purchased Upwork securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/UPWK.
Upwork Investigation Details
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. During the earnings call held the same day, Upwork disclosed that "accelerated AI adoption degraded the volume of client activity on the low end, impacting contracts of $500 and below." Following this news, Upwork's stock price dropped $1.79 per share, or 16.9%, to close at $8.82 on May 8, 2026.
What's Next for Upwork Investors?
If you are aware of any facts relating to this investigation or purchased Upwork securities, you can assist this investigation by visiting the firm's site: bgandg.com/UPWK. You can also contact Peretz Bronstein or his client relations manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC: 917-590-0911
No Cost to Upwork Investors
We, Bronstein, Gewirtz & Grossman, LLC, represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys' fees, usually a percentage of the total recovery, only if we are successful.
Why Bronstein, Gewirtz & Grossman, LLC for Upwork Securities Investigation?
Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide.
"Our practice centers on restoring investor capital and ensuring corporate accountability, which serves to uphold the essential integrity of the marketplace," said Peretz Bronstein, Founding Partner of Bronstein, Gewirtz & Grossman, LLC.
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Contact Info
Peretz Bronstein, Esq. or Nathan Miller
Bronstein, Gewirtz & Grossman, LLC
917-590-0911 | [email protected]
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SOURCE: Bronstein, Gewirtz & Grossman, LLC