Law Offices of Todd M. Garber Announces Class Action Lawsuit Against
LOS ANGELES -- July 12, 2013
The Law Offices of Todd M. Garber announces that a class action lawsuit has
been filed in the United States District Court for the Southern District of
Texas on behalf of a class (the “Class”) comprising all purchasers of the
securities of Uni-Pixel, Inc. (“Uni-Pixel” or the “Company”) (NASDAQ:UNXL)
between December 7, 2012 and May 31, 2013, inclusive (the “Class Period”).
Uni-Pixel develops and markets fingerprint resistant and hard-coat protective
cover films to the display, touch screen, and flexible electronics market
segments in the United States. The Complaint alleges that throughout the Class
Period the defendants issued false and misleading statements concerning the
Company’s business and operations. Specifically defendants misrepresented or
failed to disclose that: (1) the terms of the Company’s purported December
2012 licensing agreement with a major PC manufacturer for UniBoss-based touch
screens were either immaterial or legally unenforceable; (2) the terms of a
purported April 2013 licensing agreement for the Company’s UniBoss touch
screen technology were either immaterial or legally unenforceable; (3) the
terms of a purported April 2013 manufacture and supply agreement with Kodak
for the Company’s UniBoss touch sensors were either immaterial or legally
unenforceable; (4) there were significant design defects in the UniBoss
product; and (5) as a result, defendants knew the Company’s projected sales
and earnings were unattainable.
If you are a member of the above-described Class, you may move the Court no
later than August 5, 2013 to serve as lead plaintiff; however, you must meet
certain legal requirements. To be a member of the Class you need not take any
action at this time, or you may retain counsel of your choice. If you have
information or would like to learn more about these claims, or if you
purchased Uni-Pixel stock prior to the Class Period and have any questions
concerning this announcement or your rights or interests with respect to these
matters, please contact Todd M. Garber, Esquire, of the Law Offices of Todd M.
Garber, by telephone at 213-700-7262 or by email to firstname.lastname@example.org.
This press release may be considered Attorney Advertising in some
jurisdictions under the applicable law and ethical rules.
Law Offices of Todd M. Garber
Todd M. Garber, Attorney at Law
Los Angeles, California
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