(NASDAQ CM: INTZ)
Rigrodsky Law, P.A. is investigating potential claims against the officers and directors of Intrusion Inc. ("Intrusion") on behalf of stockholders. A class action complaint has been filed against Intrusion, which alleges that defendants made materially false and/or misleading statements, and failed to disclose material adverse facts about Intrusion's business, operations, and prospects. Specifically, defendants failed to disclose to investors that: (i) Intrusion’s Shield product was merely a repackaging of existing technology in Intrusion’s portfolio; (ii) Shield lacked the patents, certifications, and insurance critical to the sale of cybersecurity products; (iii) Intrusion overstated the efficacy of Shield’s purported ability to protect against cyberattacks; (iv) thus, Intrusion’s Shield was reasonably unlikely to generate significant revenue; and (v) accordingly, defendants’ positive statements about Intrusion’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.