id: 236, Created by Stan Vick, Scout
Intrusion (INTZ) $3.25 Million Shareholder Settlement
How it works?
- Company agreed to settle with investors to avoid further litigation
- We prepare documents and claim payout for you
Claim deadline for this case already passed by, but we can still try and file for compensation for you
14 Oct 2020Class period Start
26 Aug 2021Class period End
31 Oct 2022Claim deadline
Intrusion (INTZ) settled $3.25 million with shareholders.
The Settlement resolves the Action concerning whether Intrusion, Jack B. Blount, Michael L. Paxton, B. Franklin Byrd, T. Joe Head, Gary Davis, and James Gero violated federal securities laws by allegedly making misrepresentations and/or omissions of material fact in various public statements about the capabilities of Intrusion’s SHIELD product’s artificial intelligence.
Failure to Disclose,
Payout per Share
Rosen Law Firm
Jack B. Blount, Michael L. Paxton, B. Franklin Byrd, T. Joe Head, Gary Davis, James Gero
Sean D. Jordan
Strategic Claims Services
Court hearing date
30 November 2022
Trades matching type
+$3,250,000Total Settlement Amount