|By PR Newswire||
|March 24, 2014 08:45 AM EDT||
NEW YORK, March 24, 2014 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of the securities of InterCloud Systems, Inc. ("InterCloud" or the "Company") (NasdaqCM: ICLD -News). The investigation relates to allegations that InterCloud may have paid outsiders to increase its stock price by publishing false and misleading articles.
On March 13, 2014, an article posted on Seeking Alpha cited emails allegedly from Mylant stating that he was a paid promoter who worked with companies that employed him to favorably publicize said companies while claiming that he was independent from them. On March 17, journalist Roddy Boyd alleged that DreamTeam Group, a stock promotion firm, works with writers like Mylant to craft misleading campaigns in the press and that it had done so with InterCloud.
As a result of this adverse information, on March 13 and 18, InterCloud's stock price fell by $1.19 and $1.28, respectively.
If you are aware of any facts relating to this investigation, or purchased shares of InterCloud, you can assist this investigation by contacting Peretz Bronstein or his Investor Relations Coordinator Eitan Kimelman of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484 or via email [email protected]. Those who inquire by e-mail are encouraged to include their mailing address, email and telephone number.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein 212-697-6484
SOURCE Bronstein, Gewirtz & Grossman, LLC