Updated – SEC Settles Uni-Pixel’s Investment Fraud Case, Charges Two Former Execs

Former Woodlands-based technology company Uni-Pixel Inc. agreed to pay the U.S. Securities and Exchange Commission $750,000 to resolve allegations that it fraudulently misled investors – many of them in Texas – about its finances and operations in 2013.

The SEC also announced Wednesday that it has filed charges in the federal court in Houston against two former Uni-Pixel executives – former CEO Reed Killion and former CFO Jeffrey Tomz – who the regulatory agency claims were part of a scheme in which “materially misleading” statements about the production and sales of a touch-screen sensor product were made public.