Thieler Law Corp, member of the Investor Attorney Network, is investigating whether certain officers and directors of Intelligent Systems Corporation (NYSE: INS) violated securities laws in connection with certain financial statements.
The investigation seeks to discover if possible claims on behalf of purchasers of the securities of Intelligent Systems Corporation (NYSE: INS) concerning whether a series of statements by Intelligent Systems Corporation regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On May 24, 2019, a report published by Aurelius Value claimed 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 numerous undisclosed related party transactions.
Following this news, NYSE: INS fell $7.17 per share, or roughly 18.3%, over the following two trading sessions, closing at $31.94 on May 28, 2019.
Based in Norcross, Georgia, and founded in 1973 Intelligent Systems Corporation provides technology solutions and processing services to the financial technology and services market in the United States and European Union.
If you purchased shares of Intelligent Systems Corporation (NYSE: INS) on or before May 24, 2019, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
Thieler Law Corp purchases advertisements on search engines, social media sites and other websites. If you send us information, note that does not create an attorney-client relationship with the firm. Materials are provided for informational purposes only and do not constitute legal advice. We are only licensed to practice law in Germany. We are neither licensed nor qualified to render advice on US Federal or State law.
Thieler Law Corp
2534 State Street - Suite 406,
San Diego, CA 92101
by
email: mail@thielerlaw.com
or
telephone at +1 (619) 377 - 4324
or
visit our website http://www.thielerlaw.com/
or
Facsimile: +1 (619) 785 – 3185
