A Deadline is coming up on June 15, 2021 in the lawsuit for certain investors in Intrusion Inc. (NASDAQ:INTZ).
San Diego, CA -- (SBWIRE) -- 06/18/2021 -- The Shareholders Foundation announced that a deadline is coming up on June 15, 2021 in the lawsuit filed for certain investors of Intrusion Inc. (NASDAQ: INTZ).
Investors who purchased shares of Intrusion Inc. (NASDAQ: INTZ) have certain options and there are strict and short deadlines running. Deadline: June 15, 2021. NASDAQ: INTZ stockholders should contact the Shareholders Foundation at email@example.com or call +1(858) 779 - 1554.
The plaintiff alleges on behalf of purchasers of Intrusion Inc. (NASDAQ: INTZ) common shares between January 13, 2021 and April 13, 2021, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between January 13, 2021 and April 13, 2021, the Defendants failed to disclose to investors that Intrusion's Shield product was merely a repackaging of existing technology in the Company's portfolio, that Shield lacked the patents, certifications, and insurance critical to the sale of cybersecurity products, that the Company had overstated the efficacy of Shield's purported ability to protect against cyberattacks, that, as a result of the foregoing, Intrusion's Shield was reasonably unlikely to generate significant revenue, and that, as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
Those who purchased shares of Intrusion Inc. (NASDAQ: INTZ) have certain options and should contact the Shareholders Foundation.
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