Contact Center Industry News

TMCNet:  INVESTOR ALERT: Class Action Lawsuit Against InterCloud Systems, Inc. Filed By Glancy Binkow & Goldberg LLP

[March 28, 2014]

INVESTOR ALERT: Class Action Lawsuit Against InterCloud Systems, Inc. Filed By Glancy Binkow & Goldberg LLP

LOS ANGELES --(Business Wire)--

Glancy Binkow & Goldberg LLP, representing investors of InterCloud Systems, Inc. ("InterCloud" or the "Company") (NASDAQ:ICLD), has filed a class action lawsuit in the United States District Court for the District of New Jersey on behalf of a class (the "Class") comprising all purchasers of InterCloud securities between November 5, 2013 and March 17, 2014, inclusive (the "Class Period").

Please contact Glancy Binkow & Goldberg LLP, toll-free at (888) 773-9224 or at (212) 682-5340, or by email to to discuss this matter.

InterCloud is a global single-source provider of value-added services for corporate enterprises and srvice providers. The Company offers cloud and managed services, professional consulting services and voice, data and optical solutions. The Complaint alleges that throughout the Class Period defendants misrepresented or failed to disclose that the Company hired a promoter - The DreamTeam Group - to tout InterCloud stock without disclosing that it was paid by the Company to promote the stock. The Complaint further alleges that the promoter had posted misleading articles on behalf of the Company without properly disclosing its paid marketing relationship.

If you are a member of the Class described above, you may move the Court no later than May 27, 2014, to serve as lead plaintiff, if you meet certain legal requirements. To be a member of the Class you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the Class. If you wish to learn more about this action, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Michael Goldberg, Esquire, of Glancy Binkow & Goldberg LLP, 1925 Century Park East, Suite 2100, Los Angeles, California 90067, Toll Free at (888) 773-9224, or contact Gregory Linkh, Esquire, of Glancy Binkow & Goldberg LLP at 122 E. 42nd Street, Suite 2920, New York, New York 10168, at (212) 682-5340, by e-mail to, or visit our website at If you inquire by email please include your mailing address, telephone number and number of shares purchased.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

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