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UniPixel Inc (NASDAQ:UNXL) Investor Investigation Concerning Possible Breaches Of Fiduciary Duties Announced

  • If you purchased shares of UniPixel Inc (NASDAQ:UNXL) and currently hold any of those UniPixel Inc (NASDAQ:UNXL)shares, you have certain options and you should contact the Shareholders Foundation, Inc.

  • To have your information reviewed for options and to receive notifications about this investigation, please send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.

Investigation Overview

Company
UniPixel Inc
Security
NASDAQ: UNXL

Summary

September 22, 2014 (Shareholders Foundation) - An investigation on behalf of investors, who purchased shares of UniPixel Inc (NASDAQ:UNXL), was announced over potential breaches of fiduciary duties by certain officers and directors at UniPixel Inc.

The investigation by a law firm concerns whether certain UniPixel officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.

UniPixel Inc reported that its annual Total Revenue rose from $0.08 million in 2012 to $5.08 million in 2013 while its respective Net Loss increased from $9.02 million to $15.18 million. Shares of UniPixel Inc (NASDAQ:UNXL) reached $38.70 per share in April 2013 and declined to as low as $4.90 per ahare in May 2014.

On September 19, 2014, NASDAQ:UNXL shares closed at $6.08 per share.

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