July 15, 2016
A Texas federal judge on Friday dismissed a Uranium Energy Corp. investor’s proposed class action alleging that two company officers violated securities laws by paying stock promoters to inflate Uranium’s share price without telling shareholders, saying the advertising arrangement was legal.
September 11, 2015
An investor hit the board of Uranium Energy Corp. with a shareholder derivative action in a Texas federal court Thursday, claiming the uranium producer paid stock promoters to inflate its share price and that four company principals, including co-founder and CEO Amir Adnani, cashed in shares before the alleged fraud came to light.