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Intelligent Systems Corporation

Rosen Law Firm, a global investor rights law firm, announces it is investigating potential breaches of fiduciary duties by the management of Intelligent Systems Corporation (NYSE: INS) resulting from allegations that Intelligent Systems may have issued materially misleading business information to the investing public.

If you purchased Intelligent Systems securities and would like to learn more, please click "Join This Class Action," above. 

Press Release

EQUITY ALERT: Rosen Law Firm Announces Investigation of Breaches of Fiduciary Duties By Management of Intelligent Systems Corporation – INS

New York, N.Y., September 19, 2019. Rosen Law Firm, a global investor rights law firm, announces it is investigating potential breaches of fiduciary duties by the management of Intelligent Systems Corporation (NYSE: INS) resulting from allegations that Intelligent Systems may have issued materially misleading business information to the investing public.

The investigation concerns whether Intelligent Systems' board of directors breached its fiduciary duties to shareholders, grossly mismanaged Intelligent Systems, and/or committed abuses of control regarding: (1) Parker Petit, the “financial expert” on Intelligent Systems’ Audit Committee engaged in accounting fraud as the CEO of MiMedx Group, Inc.; (2) Intelligent Systems’ CEO engaged in undisclosed related-party transactions and had an undisclosed personal relationship with the Company’s auditor; and (3) Intelligent Systems had its employees set up or take control of shell companies in Asia so they could partake in undisclosed related-party transactions for the purpose of either fabricating revenue for the Company and/or siphoning money out of the Company.

If you currently own shares of Intelligent Systems, please visit the firm’s website at http://www.rosenlegal.com/cases-register-1599.html. You may also contact Phillip Kim of Rosen Law Firm toll free at 866-767-3653 or via email at pkim@rosenlegal.com or cases@rosenlegal.com.

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Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013. Rosen Law Firm has secured hundreds of millions of dollars for investors.

Attorney Advertising. Prior results do not guarantee a similar outcome.

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Contact Information:

      Laurence Rosen, Esq.
      Phillip Kim, Esq.
      The Rosen Law Firm, P.A.
      275 Madison Avenue, 34th Floor
      New York, NY  10016
      Tel: (212) 686-1060
      Toll Free: (866) 767-3653
      Fax: (212) 202-3827
      lrosen@rosenlegal.com
      pkim@rosenlegal.com
      cases@rosenlegal.com
      www.rosenlegal.com