Glancy Prongay & Murray LLP Announces Investigation on Behalf of Intelligent Systems Corporation Investors (INS)
LOS ANGELES--(BUSINESS WIRE)--May 28, 2019--
Glancy Prongay & Murray LLP (“GPM”) announces an investigation on behalf of Intelligent Systems Corporation (“Intelligent Systems” or the “Company”) (NYSE: INS ) investors concerning the Company and its officers’ possible violations of federal securities laws.
If you are a shareholder who suffered a loss, click here to participate.
If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley Portnoy, Esquire, at 310-201-9150, Toll-Free at 888-773-9224, or by email to firstname.lastname@example.org, or visit our website at www.glancylaw.com.
On May 24, 2019, Aurelius Value published a report alleging that the financial expert of the Company’s Audit Committee had engaged in improper accounting practices and that its Chief Executive Officer had engaged in many undisclosed related party transactions.
On this news, the Company’s share price fell $4.18, nearly 11%, to close at $34.93 per share on May 24, 2019, thereby injuring investors.
If you purchased Intelligent Systems securities, have information, or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley Portnoy, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, CA 90067 at 310-201-9150, Toll-Free at 888-773-9224, or visit our website at www.glancylaw.com. If you inquire by email please include your mailing address, telephone number, and the number of shares purchased.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
View source version on businesswire.com:https://www.businesswire.com/news/home/20190528005784/en/
CONTACT: Glancy Prongay & Murray LLP, Los Angeles
Lesley Portnoy, 310-201-9150 or 888-773-9224
KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA
INDUSTRY KEYWORD: PROFESSIONAL SERVICES LEGAL
SOURCE: Glancy Prongay & Murray LLP
Copyright Business Wire 2019.
PUB: 05/28/2019 05:18 PM/DISC: 05/28/2019 05:18 PM