The Rosen Law Firm, a global investor rights firm, reminds purchasers of
Uranium Energy Corp. (NYSE:UEC) securities from October 14, 2014 through
June 17, 2015, all dates inclusive of the important August 28, 2015 lead
plaintiff deadline in the class action. The lawsuit seeks to recover
damages for Uranium Energy investors under the federal securities laws.
To join the Uranium Energy class action, go to the firm’s website at http://www.rosenlegal.com/cases-656.html
or call Phillip Kim, Esq. or Kevin Chan, Esq. toll-free at 866-767-3653
or email pkim@rosenlegal.com or kchan@rosenlegal.com
for information on the class action.
NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS
CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU
MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. YOU
MAY RETAIN COUNSEL OF YOUR CHOICE.
According to the lawsuit, the Company misstated or failed to disclose
that: (1) the Company’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, the Company’s public statements were materially false and
misleading at all relevant times.
On June 18, 2015, an article published by TheStreetSweeper.org
reported that Uranium Energy was using undisclosed stock promoters to
increase the value of its shares. According to the article, Uranium
Energy has paid over $200,000 for the publishing of at least eight
separate stock promotions. When the true details entered the market, the
lawsuit claims that investors suffered damages.
A class action lawsuit has already been filed. If you wish to serve as
lead plaintiff, you must move the Court no later than August 28, 2015. A
lead plaintiff is a representative party acting on behalf of other class
members in directing the litigation. If you wish to join the litigation,
go to the firm’s website at http://www.rosenlegal.com/cases-656.html
or to discuss your rights or interests regarding this class action,
please contact Phillip Kim, Esq. or Kevin Chan, Esq. of The Rosen Law
Firm, toll-free, at 866-767-3653, or via e-mail at pkim@rosenlegal.com
or kchan@rosenlegal.com.
The Rosen Law Firm represents investors throughout the globe,
concentrating its practice in securities class actions and shareholder
derivative litigation.
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