Intelligent Systems Corporation Loss Form

Company: Intelligent Systems Corporation

Ticker: (NYSE) INS

-1362

Days Left

Lead Plaintiff Deadline: September 09, 2019

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Purchases

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  • Common Stock
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      Additional Purchases

      Sales

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          Certification of Plaintiff Pursuant to Federal Securities Laws

          I, duly certify and say, as to the claims asserted under the federal securities laws, that:

          1. I have reviewed a complaint filed in the action.

          2. I did not purchase the security that is the subject of this action at the direction of plaintiff's counsel or in order to participate in this action.

          3. I am willing to serve as a representative party on behalf of the class, including providing testimony at deposition and trial, if necessary.

          4. My transaction(s) in Intelligent Systems Corporation which are the subject of this litigation during the class period set forth in the complaint are set forth in the chart attached hereto.

          5. Within the last 3 years,



          6. I will not accept any payment for serving as a representative party on behalf of the class beyond the Plaintiff's pro rata share of any recovery, except as ordered or approved by the court, including any award for reasonable costs and expenses (including lost wages) directly relating to the representation of the class.

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          Clear

          Signed pursuant to California Civil Code Section 1633.1, et seq. - and the Uniform Electronic Transactions Act as adopted by the various states and territories of the United States.

          By your signature above, you confirm that have retained Levi & Korsinsky, LLP to represent you and the shareholder class as a lead plaintiff in the pending class action against Intelligent Systems Corporation. This representation will be on a contingency basis, meaning that Levi & Korsinsky will advance all expenses in the litigation and will only seek compensation and/or reimbursement of expenses if the firm obtains a recovery. Regardless of the result, we will never ask you to directly pay for any attorneys’ fees, expenses, or costs. Should we obtain a favorable result, we may ask the court to award us compensation and reimbursement of expenses to be paid by the defendants or as a portion of any class recovery. In exchange for our representation, you agree to cooperate as our client by providing, for example, relevant documents and deposition testimony, if necessary. During the course of this litigation, we may employ and/or work with other law firms, experts, and third-parties to successfully prosecute this action. If you are not appointed as the lead plaintiff or Levi & Korsinsky is not appointed as lead counsel, we will notify you of such decision at which time this representation will end unless otherwise extended by you and the firm. We look forward to working with you towards a successful resolution of this action.

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          Thank you for completing your submission. If our attorneys find you are a viable candidate for lead plaintiff they will reach out regarding the next steps.

          All shareholders who submit will receive updates regarding the case.

          Class Period

          Begins

          23

          Jan 2019

          Ends

          29

          May 2019

          January 23, 2019 - May 29, 2019

          Allegations

          (1) Defendant Petit, the “financial expert” on the Company’s Audit Committee, engaged in accounting fraud as the CEO of MiMedx Group; (2) the Company’s CEO, Defendant Strange, engaged in undisclosed related-party transactions with Defendant Petit and others and had an undisclosed personal relationship with the Company’s auditor; (3) the Company 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; and (4) as a result, Defendants’ statements about Intelligent Systems’ business, operations, and prospects were materially false and/or misleading and/or lacked a reasonable basis at all relevant times.

          Eligibility

          In order to be included in the lawsuit, you must have incurred a loss on shares of purchased or acquired during the class period listed above.

          Lead Plaintiff Deadline

          If you suffered a loss in during the relevant time frame, you have until September 09, 2019 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.