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You must submit the settlement "Proof" form attached below, in order to participate in this settlement. There is a strict deadline of April 22, 2015 by which all claims must be submitted. The instructions for submitting are included in the "Proof" and the "Notice" files attached below for your download. DO NOT SEND THE FORMS TO THE SHAREHOLDERS FOUNDATION, FOLLOW THE DIRECTIONS IN THE "PROOF".
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To have your information reviewed for options and to receive notifications about this case, please send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.
Lawsuit Overview
Settlement Overview
You must register to view and download the Settlement Notice and Settlement Proof.
April 13, 2016 - The court ordered the authorization of the distribution of the net settlement fund.
April 30, 2015 - The court approved the settlement.
January 7, 2015 - The court preliminarily approved the settlement.
January 6, 2015 - A stipulation of settlement was filed by the parties.
July 25, 2014 - The court granted in part and denied in part the defendants' motion to dismiss.
December 23, 2013 - A motion to dismiss the amended consolidated complaint was filed.
November 8, 2013 - An amended consolidated complaint was filed.
June 5, 2013 - An investor in shares of Uni-Pixel Inc (NASDAQ: UNXL) filed a lawsuit in the U.S. District Court for the Southern District of New York against Uni-Pixel Inc over alleged violations of Federal Securities Laws in connection certain allegedly false and misleading statements that were made between December 7, 2012 and May 31, 2013.
According to the complaint the plaintiff alleges on behalf of purchasers of Uni-Pixel Inc (NASDAQ: UNXL) common stock during the period between December 7, 2012 and May 31, 2013, that Uni-Pixel Inc and certain of its officers violated the Securities Exchange Act of 1934. More specifically, the plaintiff alleges that the defendants allegedly made false and/or misleading statements and/or failed to disclose material adverse facts concerning the nature and commercial potential of the agreements recently entered into by Uni-Pixel Inc with other companies to develop, manufacture and distribute UniBoss and Uni-Pixel Inc’s ability to successfully produce UniBoss in commercially meaningful volumes without serious mechanical failures, and at the price points and margins, projected by management.
On December 7, 2012, Uni-Pixel Inc announced that Uni-Pixel Inc and a major PC maker entered into a Multi-Million Dollar preferred price and capacity license agreement to introduce products with UniBoss-based touch screens. On April 16, 2013, Uni-Pixel Inc announced that it entered into a manufacturing and supply agreement with Eastman Kodak Company to produce next-generation touch sensors based on our UniBoss™ multi-touch sensor film. Shares of Uni-Pixel Inc (NASDAQ: UNXL) grew from $8.26 per share on December 6, 2012 to as high as $38.70 per share on April 26, 2013. On May 20, 2013, Uni-Pixel Inc said that its PC partner recently reported delays with associated operating system software. Uni-Pixel Inc said that given its understanding of the PC maker's updated timeline, its expectations for products utilizing UniBoss touch sensors to be on the shelves has been shifted from the third quarter into the fourth quarter of this year. Shares of Uni-Pixel Inc (NASDAQ: UNXL) declined from $36.88 per share on May 16, 2013 to as low as $14.95 per share on June 3, 2013.