Morgan & Morgan Announces that Securities Class Action Lawsuits Have Been
Filed Against Uni-Pixel, Inc.
NEW YORK, June 10, 2013
NEW YORK, June 10, 2013 /PRNewswire/ --Morgan & Morgan announces that two
class action lawsuits have been filed in the United States District Court for
the Southern District of New York and in the United States District Court for
the Southern District of Texas on behalf of purchasers of Uni-Pixel, Inc.
("Uni-Pixel" or the "Company") (Nasdaq: UNXL) common stock during the period
between December 7, 2012 and May 31, 2013 (the "Class Period").
If you purchased Uni-Pixel during the Class Period, you may, no later than
August 5, 2013, request that the Court appoint you lead plaintiff of the
proposed class. A lead plaintiff is a representative party that acts on behalf
of other class members in directing the litigation. Any member of the
purported class may move the Court to serve as lead plaintiff through counsel
of their choice, or may choose to do nothing and remain an absent class
If you want more information about the Uni-Pixel Securities Class Action,
please contact George Pressly, Esq. at1 (800) 631-6234or email at
The complaints allege that throughout the Class Period, Defendants made
materially false and/or misleading statements as well as failed to disclose
material adverse facts about the Company's business, operations and prospects.
Specifically, Defendants made false and/or misleading statements concerning:
(1) the nature and commercial potential of the agreements recently entered
into by Uni-Pixel with other companies to develop, manufacture and distribute
UniBoss; and (2) Uni-Pixel's ability to successfully produce UniBoss in
commercially meaningful volumes without serious mechanical failures, and at
the price points and margins projected by management.
The complaints further allege that the market price of Uni-Pixel's common
stock declined in May, 2013 as the market learned that the Company's prospects
were not as represented during the Class Period, with the stock price dropping
from its Class Period high of $41.00 per share on April 17, 2013 to close at
$15.21 per share on May 31, 2013.
About Morgan & Morgan
Morgan & Morgan is one of the nation's largest 200 law firms. In addition to
shareholder rights, the firm also practices in the areas of antitrust,
personal injury, consumer protection, overtime, and product liability.All of
the Firm's legal endeavors are rooted in its core mission: provide investor
and consumer protection and always fight "for the people."
Attorney advertising. Prior results do not guarantee a similar outcome.
Morgan & Morgan
Peter Safirstein, Esq.
28 West 44^th Street
New York, NY 10036
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