Uni-Pixel, Inc. Sued by Investor

                       Uni-Pixel, Inc. Sued by Investor

PR Newswire

SAN DIEGO and THE WOODLANDS, Texas, June 11, 2013

SAN DIEGO and THE WOODLANDS, Texas, June 11, 2013 /PRNewswire/ --Shareholder
rights attorneys at Robbins Arroyo LLP announce that a purchaser of Uni-Pixel,
Inc. (NASDAQ: UNXL) securities has filed a complaint in the U.S. District
Court for the Southern District of New York. The complaint alleges that
Uni-Pixel and certain of its officers and directors violated the Securities
Exchange Act of 1934 between December 7, 2012 and May 31, 2013 (the "Class
Period"). Uni-Pixel produces fingerprint resistant and hard coat protective
cover films for various touch enabled devices.

(Logo: http://photos.prnewswire.com/prnh/20130103/MM36754LOGO)

Uni-Pixel Is Accused of Making False and Misleading Statements Regarding the
Significance of Its Licensing and Manufacturing Agreements

The complaint alleges that during the Class Period, Uni-Pixel issued a series
of materially false and misleading statements concerning the true nature of
the company's business success and future business prospects. Specifically,
the complaint alleges that the company artificially inflated the company's
stock price by repeatedly touting a December 2012 licensing agreement with a
"Major PC Maker," an April 2013 licensing agreement with a "Major Ecosystem
Partner," and an April 2013 manufacture and supply agreement with Eastman
Kodak. According to the complaint, those statements were false and misleading
because the company failed to disclose that the respective agreements were
either immaterial or legally unenforceable and that the company's projected
sales and earnings were unobtainable. As a result of these false and
misleading statements, Uni-Pixel's stock traded at artificially inflated
prices during the Class Period, reaching a high of $41.42 per share on April
17, 2013, during which time company insiders sold more than $5 million of
their company stock at inflated prices. 

Uni-Pixel Stock Price Falls Dramatically on the Announcement of Product Delays
and Quality Concerns

On May 20, 2013, Uni-Pixel announced that the "Major PC Maker" licensing its
products reported production delays in its products utilizing Uni-Pixel's
technology. As a result, those products utilizing the Uni-Pixel's technology
would not reach the market in the third quarter 2013 as anticipated. On this
news, the company's stock price dropped approximately 9.5% to close at $23.47
per share on May 21, 2013. Then, on May 31, 2013, Seeking Alpha released a
highly detailed report raising significant quality concerns with the company's
key product. On this news, the company's stock price dropped an additional
23%, or $4.57 per share, to close at $15.21 per share.

If you invested in Uni-Pixel and would like to discuss your shareholder
rights, please contact attorney Darnell R. Donahue at (800) 350-6003,
ddonahue@robbinsarroyo.com, or via the shareholder information form on the
firm's website

Robbins Arroyo LLP is a nationally recognized leader in securities litigation
and shareholder rights law. The firm represents individual and institutional
investors in shareholder derivative and securities class action lawsuits, and
has helped its clients realize more than $1 billion of value for themselves
and the companies in which they have invested. For more information, please
go to http://www.robbinsarroyo.com.

Press release link:
http://www.robbinsarroyo.com/shareholders-rights-blog/uni-pixel-inc/

Attorney Advertising.Past results do not guarantee a similar outcome.

Contact:
Darnell R. Donahue
Robbins Arroyo LLP
ddonahue@robbinsarroyo.com
(619) 525-3990 or Toll Free at (800) 350-6003
http://www.robbinsarroyo.com

SOURCE Robbins Arroyo LLP

Website: http://www.robbinsarroyo.com
 
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