Shareholder rights law firm Johnson & Weaver, LLP reminds investors of
the August 28, 2015 lead plaintiff deadline in a securities class
action lawsuit filed by the firm against Uranium Energy Corp. (NYSE:
UEC). If you purchased Uranium Energy common stock during the period
between October 14, 2014 through June 17, 2015 (the “Class Period”), and
suffered significant losses, you are encouraged to contact the firm
regarding your legal rights.
Additional Information about the Lawsuit:
Uranium Energy and certain of its executives are charged with issuing a
series of materially false and misleading statements during the Class
Period, violating federal securities laws.
According to the lawsuit, Uranium Energy’s statements regarding the
Company’s business and prospects were false and misleading when made.
Specifically, the Complaint alleges: (1) Uranium Energy’s stock achieved
an unsustainable valuation by using paid stock promoters, yet failed to
disclose the use of such stock promoters in its regulatory filings; and
(2) as a result of the foregoing, Uranium Energy’s public statements
were materially false and misleading at all relevant times.
On June 18, 2015, an article written by TheStreetSweeper.org
reported that Uranium Energy hired a stock promotions firm to tout the
stock. According to the published report, Uranium Energy paid over
$200,000 for the circulation of at least eight separate promotions of
the stock. On this news, shares in Uranium Energy collapsed and was down
over 30% in the following days, closing at $1.80 per share on June 19,
2015.
Plaintiff seeks to recover damages on behalf of all purchasers of
Uranium Energy publicly traded securities during the Class Period. If
you wish to serve as a lead plaintiff, you must move the Court no later
than August 28, 2015. If you wish to discuss this action, have
any questions concerning this notice, or your rights or interests,
please contact lead analyst Jim Baker (jimb@johnsonandweaver.com)
at 619-814-4471. If you email, please include your phone number.
About Johnson & Weaver, LLP:
Johnson & Weaver, LLP is a nationally recognized shareholder rights law
firm with offices in California, New York and Georgia. 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.
Attorney advertising. Past results do not guarantee future outcomes.
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