PR Newswire
NEW YORK, July 14, 2015
NEW YORK, July 14, 2015 /PRNewswire/ -- Hynes Keller & Hernandez, LLC is investigating potential claims against the Board of Directors of InterCloud Systems, Inc. (NASDAQ: ICLD) ("InterCloud" or the "Company") concerning possible breaches of fiduciary duty arising from, among other things, the Company's alleged issuance of false and misleading statements to investors.
Specifically, various articles were published enthusiastically touting InterCloud's stock. The authors stated that they had not been paid by InterCloud to publish the favorable articles. However, on March 13, 2014, an article on SeekingAlpha.com disclosed that the authors of these articles were affiliated with the stock promotion firm The Dream Team Group ("The Dream Team") and that InterCloud had paid The Dream Team to begin a misleading campaign designed to boost InterCloud's stock price without disclosing that The Dream Team was paid by InterCloud to promote its stock.
Click here for more information about our investigation of ICLD: http://hkh-lawfirm.com/investigations-cases/intercloud-systems-inc-icld/
Hynes Keller & Hernandez, LLC is a national law firm that represents institutional and individual investors. The firm is focused on providing exemplary legal services in the area of shareholder litigation. The firm has an experienced litigation team which has achieved significant victories on behalf of the firm's clients. You can visit our website at www.hkh-lawfirm.com for more information. Attorney advertising. Prior results do not guarantee similar outcomes.
If you hold shares in ICLD and would like to obtain additional information about your legal rights and protect your investment, please visit our website or contact the attorneys below. There is no cost or obligation to you.
Contact: | |
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Hynes Keller & Hernandez, LLC | Hynes Keller & Hernandez, LLC |
Ligaya T. Hernandez, Esq. | Beth A. Keller, Esq. |
1150 First Avenue, Suite 501 | 100 South Bedford Road, Suite 340 |
King of Prussia, PA 19406 | Mount Kisco, NY 10549 |
Telephone: (610) 994-0292 | Telephone: (914) 752-3040 |
Email: lhernandez@hkh-lawfirm.com | Email: bkeller@hkh-lawfirm.com |
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/hynes-keller--hernandez-llc-announces-investigation-of-intercloud-systems-inc-300112901.html
SOURCE Hynes Keller & Hernandez, LLC
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