USEC Inc. (NYSE:USU) Investor Alert: Investigation over Possible Violations of Securities Laws
An investigation for investors in USEC Inc. (NYSE:USU) shares over potential securities laws violations by USEC Inc. was announced and NYSE:USU stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com
San Diego, CA -- (SBWire) -- 07/16/2013 --An investigation on behalf of investors of USEC Inc. (NYSE:USU) shares over potential securities laws violations by USEC Inc. and certain of its directors and officers in connection certain financial statements was announced.
Investors who purchased shares of USEC Inc. (NYSE:USU), have certain options and should contact the Shareholders Foundation at mail(at)shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of USEC Inc. (NYSE:USU) concerning whether a series of statements by USEC Inc. (NYSE:USU regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
USEC Inc. (NYSE:USU) reported that its annual Total Revenue increase from over $1.67 billion in 2011 to over $1.91 billion in 2012 and that its Net loss increased from $491.10 million in 2011 to $1.2 billion in 2012.
On May 23, 2013, USEC Inc. filed a lawsuit in the United States Court of Federal Claims against the Department of Energy. USEC Inc. claims that the Department of Energy owes USEC Inc. almost $38 million in unpaid fees. USEC Inc. claims that the Department of Energy did not properly reimburse them for work they did under contract at two gaseous diffusion plants from 2003 to 2011.
Shares of USEC Inc. (NYSE:USU) closed on July 15, 2013 at $3.73 per share.
Those who purchased shares of USEC Inc. (NYSE:USU), have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Trevor Allen
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com
Media Relations Contact
Trevor Allen
General Manager
Shareholders Foundation, Inc.
858-779-1554
http://www.ShareholdersFoundation.com
View this press release online at: http://rwire.com/283468