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Technology Stocks : intercloud systems, Inc
ICLD 0.00010000.0%Mar 7 3:00 PM EST

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From: StockDung3/21/2014 12:40:51 PM
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InterCloud plunges amid paid promotion allegations

Mar 21 2014, 11:55 ET

  • The Rosen Law Firm says it's investigating allegations InterCloud ( ICLD -29.4%) "may have paid outsiders to pump its stock using false and misleading articles," and thereby committed securities fraud. ( PR)
  • Rosen notes positive columns about InterCloud began to be published last fall by authors John Mylant and "Kingmaker," and states articles published this month suggest Mylant has acted as a paid promoter for companies.
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