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Faruqi & Faruqi, LLP Launches An Investigation Against UQM Technologies, Inc. (UQM) For Potential Breaches Of Fiduciary Duties By Its Board Of Directors

July 03, 2013

Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of UQM Technologies, Inc.

NEW YORK--()--Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of UQM Technologies, Inc. (“UQM” or the “Company”) (NYSE MKT: UQM) for potential breaches of fiduciary duties in connection with their conduct in seeking shareholders’ approval for an amendment of the Company’s 2012 Equity Incentive Plan.

Specifically, in the Proxy Statement filed by the Company with the Securities and Exchange Commission on June 21, 2013, the Board of Directors recommends that UQM’s shareholders vote to approve an amendment to the Company’s 2012 Equity Incentive Plan to increase the number of shares available for issuance from 1,100,000 to 2,100,000. The issuance of the additional shares could have a substantial dilutive effect on the shares of UQM common stock.

Request more information now by clicking here: www.faruqilaw.com/UQM. There is no cost or obligation to you.

Faruqi & Faruqi, LLP is a national law firm which represents investors and individuals in class action litigation. The firm is focused on providing exemplary legal services in complex litigation in the areas of securities, shareholder, antitrust and consumer litigation, throughout all phases of litigation. The firm has an experienced trial team which has achieved significant victories on behalf of the firm’s clients.

If you own common stock in UQM and wish to obtain additional information and protect your investments free of charge, please visit us at www.faruqilaw.com/UQM or contact Juan E. Monteverde, Esq. either via e-mail at jmonteverde@faruqilaw.com or by telephone at (877) 247-4292 or (212) 983-9330.

Attorney Advertising. (C) 2013 Faruqi & Faruqi, LLP. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We are happy to discuss your particular case.

Contacts

Faruqi & Faruqi, LLP
369 Lexington Avenue, 10th Floor
New York, NY 10017
Attn: Juan E. Monteverde, Esq.
jmonteverde@faruqilaw.com
Toll Free: 877-247-4292
Phone: 212-983-9330

IR Contact

investor@uqm.com

303.682.4900

UQM Technologies Inc
4120 Specialty Pl.
Longmont, Colorado 80504

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sales@uqm.com

303.682.4900

UQM Technologies Inc
4120 Specialty Pl.
Longmont, Colorado 80504