BENSALEM, Pa.–(BUSINESS WIRE)–lt;a href=”https://twitter.com/search?q=%24INS&src=ctag” target=”_blank”gt;$INSlt;/agt; lt;a href=”https://twitter.com/hashtag/classaction?src=hash” target=”_blank”gt;#classactionlt;/agt;–Law Offices of Howard G. Smith announces an 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.
On May 24, 2019, Aurelius Value published a report alleging 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 many undisclosed related party transactions.
On this news, the Company’s 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 Howard G. Smith, Esquire, of Law Offices
of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania
19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by
email to [email protected],
or visit our website at www.howardsmithlaw.com.
This press release may be considered Attorney Advertising in some
jurisdictions under the applicable law and ethical rules.
Contacts
Law Offices of Howard G. Smith
Howard G. Smith, Esquire
215-638-4847
888-638-4847
[email protected]
www.howardsmithlaw.com
