San Diego, CA -- (SBWIRE) -- 07/20/2015 -- An investor, who purchased shares of Uranium Energy Corp. (NYSEMKT:UEC), filed a lawsuit in the U.S. District Court for the Southern District of Texas over alleged violations of Federal Securities Laws by Uranium Energy Corp. in connection with certain allegedly false and misleading statements.

Shares of Uranium Energy Corp. (NYSEMKT:UEC) declined on July 9, 2015, to as low as $1.13 per share.

Investors who purchased shares of Uranium Energy Corp. (NYSEMKT:UEC) have certain options and for certain investors are short and strict deadlines running. Deadline: August 28, 2015. NYSEMKT:UEC investors should contact the Shareholders Foundation at mail@shareholdersfoundation or call +1(858) 779 - 1554.

According to the complaint the plaintiff alleges on behalf of purchasers of Uranium Energy Corp. (NYSEMKT:UEC) common shares between October 14, 2014 and June 17, 2015, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between October 14, 2014 and June 17, 2015, defendants made allegedly false and/or misleading statements and/or failed to disclose that Uranium Energy Corp. stock achieved an unsustainable valuation by using paid stock promoters, yet failed to disclose the use of such promoters in its regulatory filings pursuant to Section 17(b) of the Securities Act of 1933, and that as a result of the foregoing, Uranium Energy Corp's public statements were materially false and misleading at all relevant times.

On June 18, 2015, an article was published that alleged, among other items, that Uranium Energy Corp. reports zero sales in the past seven quarters from its sole producer, the Palangana Mine, and that after selling almost all of its inventory, there is only about $152,000 worth of inventory remaining.

Those who purchased shares of Uranium Energy Corp. (NYSEMKT:UEC) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com