The complaint alleges that the price of Uni-Pixel stock dropped during the second half of May 2013, following a number of articles and disclosures about the Company, including:
- A May 11, 2013 Barrons article entitled "Out of Touch? Uni-Pixel shares have rallied sharply on the company's hopes for its touchscreen technology. But hefty competition, and a history of product disappointments, suggest investors should be wary."
- A May 20, 2013 disclosure by Uni-Pixel that the "Major PC Maker" had reported delays with associated operating system software that would delay the appearance of products utilizing UniBoss technology from the third quarter of 2013 into the fourth quarter of 2013; and
- The issuance of several investigative reporting pieces, with one on May 19, 2013, specifically emphasizing that Kodak had deemed a purported agreement with Uni-Pixel to be so insignificant that it had not even bothered to file a Current Report on Form 8-K with the SEC announcing it.