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Thieler Law Corp, member of the Investor Attorney Network, is investigating whether certain officers and directors of Uranium Energy Corp (NYSEMKT: UEC) violated securities laws in connection with certain financial statements.
The investigation seeks to discover if possible claims on behalf of purchasers of the securities of Uranium Energy Corp (NYSEMKT: UEC) concerning whether a series of statements by Uranium Energy Corp regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On June 18, 2015, TheStreetSweeper.com published an article alleging that "UEC reports zero sales in the past seven quarters from its sole producer, the Palangana Mine." Additionally, the article claimed that after selling almost all its inventory, UEC only has about $152,000 remaining in inventory.
After the release of this article, shares of Uranium Energy fell $0.18 per share, to $2.42, or more than 6.92%, on June 18, 2015.
Based in Corpus Christi, TX and founded in 2003, Uranium Energy Corp performs exploration, extraction, and processing of uranium concentrates on projects located in the United States and the Republic of Paraguay.
If you purchased shares of Uranium Energy Corp (NYSEMKT: UEC) on or before June 18, 2015, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
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