Intrusion Inc Says Without Admitting Or Denying SEC's Allegations, Company Has Agreed To Settle Matter By Consenting To Entry Of A Final Judgment; Consent And Proposed Final Judgment Contains No Monetary Penalty Against The Company
Portfolio Pulse from Benzinga Newsdesk
Intrusion Inc has agreed to settle a matter with the SEC without admitting or denying the allegations. The consent and proposed final judgment does not include any monetary penalty against the company.
October 02, 2023 | 6:08 pm
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POSITIVE IMPACT
Intrusion Inc's settlement with the SEC without any monetary penalty could be seen as a positive outcome for the company.
The settlement of legal issues, especially without any financial penalties, often removes uncertainty and can be seen as a positive development for the company. This could potentially have a positive impact on Intrusion Inc's stock in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100