BOULDER, Colo.--(BUSINESS WIRE)--The Shuman Law Firm announces that it is investigating potential claims against certain officers and directors of Uni-Pixel, Inc. (“Uni-Pixel” or the “Company”) (Nasdaq: UNXL). Uni-Pixel is a Texas-based company which designs and sells engineered films for use in displays, touch screens and flexible electronics.
The Firm’s investigation concerns the December 30, 2013 announcement that Uni-Pixel’s Chief Executive Officer, Reed Killion, had resigned. This news came shortly after the Company’s November 22, 2013 announcement that the Securities and Exchange Commission (“SEC”) had issued subpoenas related to Uni-Pixel’s InTouch Sensors Technology. On news of the SEC subpoenas, shares of Uni-Pixel dropped by approximately 22 percent. These events led to the filing of a class action lawsuit filed on behalf of shareholders who purchased Uni-Pixel between December 7, 2012 and May 31, 2013. Just prior to the class action lawsuit being filed, Uni-Pixel stock traded as high as $41.00 per share. As of February 5, 2014, Uni-Pixel’s stock traded at approximately $9.05 per share.
If you currently own Uni-Pixel common stock and are interested in discussing your rights, or have information relating to this investigation, please contact Kip B. Shuman or Rusty E. Glenn toll free at (866) 974-8626 or email Mr. Shuman at kip@shumanlawfirm.com or email Mr. Glenn at rusty@shumanlawfirm.com.
The Shuman Law Firm represents investors throughout the nation, concentrating its practice in stockholder litigation.