Core Viewpoint - Cycurion, Inc. is taking legal action against the dissemination of false information and potential unlawful trading practices that have harmed its shareholders and manipulated its stock price [1][2][4]. Group 1: Legal Actions and Investigations - The Company has engaged legal counsel to file a John Doe lawsuit to identify individuals responsible for spreading misinformation and defamation [2]. - Cycurion's cybersecurity team has been monitoring various platforms to identify those disseminating false information, which has provided substantial evidence for further legal action [1][4]. - The investigation has revealed indications of a significant naked short position in the Company's stock, suggesting unlawful manipulation [3]. Group 2: Company Statements and Position - CEO Kevin Kelly expressed deep concern over the harm caused to shareholders by coordinated misinformation campaigns and illegal trading activities [1][4]. - The Company believes its stock is undervalued due to its strong operational achievements and robust intellectual property portfolio, despite experiencing unexplained volatility [4]. - Cycurion is committed to protecting its shareholders and will utilize all available resources to address these manipulative behaviors [4]. Group 3: Company Overview - Cycurion, based in McLean, Virginia, specializes in IT cybersecurity solutions and AI, serving government, healthcare, and corporate clients [5]. - The Company focuses on delivering secure and innovative services through its AI-enhanced ARx platform and expert team [5].
Cycurion Announces Investigation into Defamatory Online Activities and Naked Short Selling Impacting Its Stock
Globenewswireยท2025-10-14 12:45