Glancy Prongay & Murray LLP (GPM) announces the continuation of its 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.
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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 Companys 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 Companys 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.
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