MILWAUKEE, June 1, 2013 (GLOBE NEWSWIRE) -- We are investigating possible securities fraud claims against UniPixel, Inc. resulting from inaccurate statements UniPixel made regarding its financial performance and future prospects for the period December 7, 2012 to May 30, 2013.
Click here to learn more about the investigation: http://www.ademilaw.com/case/unipixel-inc or call Guri Ademi toll-free at 866-264-3995. There is no cost or obligation to you.
Our investigation focuses on the extent to which UniPixel issued false and misleading statements regarding its operations, business trends with respect to its UniBoss product. Specifically, UniPixel failed to disclose that: (i) its production yield for UniBoss was nowhere near earlier representations of 70%; (ii) no PC OEM partner was interested in helping UniPixel to bring UniBoss to market; (iii) there were no imminent or even near-term prospects for purchase orders for UniBoss, (iv) UniBoss was plagued with product quality issues, and (v) as result of the foregoing, UniPixel had no reasonable basis upon which to make its representations and projections with respect to UniBoss.
In response to media reports detailing issues with UniBoss, UniPixels' shares fell $4.57 per share, or more than 23%, to close at $15.21 per share, on extremely heavy trading volume.
If you wish to obtain additional information or have information about UniPixel, please contact Guri Ademi either at gademi@ademilaw.com or toll-free: 866-264-3995, http://www.ademilaw.com/case/unipixel-inc.
We specialize in securities fraud and shareholder litigation. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes.