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Rigrodsky & Long, P.A. Announces A Securities Fraud Class Action Lawsuit Has Been Filed Against InterCloud Systems, Inc.

Stocks in this article: ICLD

Rigrodsky & Long, P.A.:

  • Do you, or did you, own shares of InterCloud Systems, Inc. (NASDAQ CM: ICLD )?
  • Did you purchase your shares between November 5, 2013 and March 17, 2014?
  • Did you lose money in your investment in InterCloud Systems?
  • Do you want to discuss your rights?

Rigrodsky & Long, P.A., including former Special Assistant United States Attorney, Timothy J. MacFall, announces that a complaint has been filed in the United States District Court for the District of New Jersey on behalf of all persons or entities that purchased the common stock of InterCloud Systems, Inc. (“InterCloud” or the “Company”) (NASDAQ CM: ICLD) between November 5, 2013 and March 17, 2014 (the “Class Period”), alleging violations of the Securities Exchange Act of 1934 against the Company and certain of its officers (the “Complaint”).

If you purchased shares of InterCloud during the Class Period and wish to discuss this action or have any questions concerning this notice or your rights or interests, please contact Timothy J. MacFall, Esquire or Peter Allocco of Rigrodsky & Long, P.A., 2 Righter Parkway, Suite 120, Wilmington, DE 19803 at (888) 969-4242; by e-mail to info@rl-legal.com; or at: http://www.rigrodskylong.com/investigations/intercloud-systems-inc-icld.

InterCloud is a global single-source provider of value-added services for both corporate enterprises and service providers. The Complaint alleges that throughout the Class Period, defendants made materially false and misleading statements, and omitted materially adverse facts, about the Company’s business, operations and prospects. Specifically, the Complaint alleges that the defendants concealed from the investing public that articles touting InterCloud’s stock were being disseminated by paid promoters for the Company, a violation of Section 17(b) of the Securities Act of 1933. As a result of defendants’ false and misleading statements, the Company’s stock traded at artificially inflated prices during the Class Period.

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