Attention InterCloud Systems, Inc. Investors: InterCloud Systems Misled Investors According to a Recently Filed Class Action

SAN DIEGO and SHREWSBURY, N.J., May 2, 2014

InterCloud Systems Accused of Engaging in a Misleading Brand Awareness Campaign

According to the complaint, shares of InterCloud fell multiple times beginning with an initial decline of $1.19, or more than 9%, to close at $11.91 on March 13, 2014, following the publication of an article claiming that InterCloud Systems engaged in a misleading brand awareness campaign.  Specifically, the complaint alleges that an investor relations firm, the DreamTeamGroup, was hired by InterCloud to write favorable articles touting the company and promoting its stock.  The complaint charges that InterCloud investors were misled because the authors of the articles falsely stated that they had not received compensation from InterCloud.  On March 18, 2014, InterCloud's shares fell an additional $1.28, or 10.8%, to close at $10.59, following the publication of an additional article claiming that the DreamTeamGroup articles touting InterCloud appeared to have been paid promotions.

The complaint further alleges that because of this misleading campaign, InterCloud's shares traded at artificially high prices because throughout the class period.

InterCloud Systems Investors Are Encouraged to Contact Shareholder Rights Law Firm Robbins Arroyo LLP

If you invested in InterCloud Systems and would like to discuss your shareholder rights, please contact attorney Darnell R. Donahue at (800) 350-6003, DDonahue@robbinsarroyo.com, or via the information form on the firm's shareholder rights blog: www.robbinsarroyo.com/shareholders-rights-blog/intercloud-systems-inc

Robbins Arroyo LLP is a nationally recognized leader in securities litigation and shareholder rights law.  The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits, and has helped its clients realize more than $1 billion of value for themselves and the companies in which they have invested.