Shareholder Rights Law Firm Johnson & Weaver, LLP Announces Investigation of Certain Officers and Directors of Uni-Pixel, Inc.

SAN DIEGO--(BUSINESS WIRE)--

Shareholder Rights Law Firm Johnson & Weaver, LLP is investigating whether certain officers or directors of Uni-Pixel, Inc. UNXL violated state or federal laws in connection with statements regarding Uni-Pixel's business, operations and financial prospects. A class action lawsuit against the Company has been filed on behalf of shareholders who purchased Uni-Pixel between December 7, 2012 and May 31, 2013 (the “Class Period”). Jim Baker, Lead analyst at Johnson & Weaver, had this to say about the class action lawsuit: “If the officers or directors are responsible for the damage to the Company, then they should be held liable rather than the Company and its shareholders.”

The complaint alleges that during the Class Period, defendants issued materially false and misleading statements regarding the Company's financial performance and future prospects, concerning: (1) the nature and commercial potential of the agreements recently entered into by Uni-Pixel with other companies to develop, manufacture and distribute UniBoss; and (2) Uni-Pixel's ability to successfully produce UniBoss in commercially meaningful volumes without serious mechanical failures, and at the price points and margins projected by management. Additionally, it was revealed on November 22, 2013 that the SEC is investigating the Company's reported business dealings and partnerships.

Just prior to the class action lawsuit being filed Uni-Pixel stock traded as high as $41.00, but as the fraud claim became known to the market the stock has continued to drop in price. On Friday November 29, 2013 the stock closed at $12.87 per share.

If you have held shares continuously prior to December 2012 you may have standing to hold the Company harmless from the damage the officers and directors caused by making them personally responsible. You may also be able to assist in reforming the Company's corporate governance to prevent future wrongdoing.

If you are a Uni-Pixel shareholder and are interested in learning more about the investigation or your legal rights and remedies, please contact lead analyst Jim Baker (jimb@johnsonandweaver.com) at 619-230-0063 Ext.118.

Johnson & Weaver, LLP is a nationally recognized shareholders' rights law firm. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit http://www.johnsonandweaver.com.