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Litigation: SEC Charges Ex-CEO of Dallas Area Cybersecurity Company With Fraud
May 01, 2024
WASHINGTON, May 1 -- The Securities and Exchange Commission issued the following litigation release (No. 4:24-cv-375; E.D. Texas filed April 30, 2024) involving Jack B. Blount:

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The Securities and Exchange Commission today filed a complaint against Jack B. Blount, the former CEO of Intrusion Inc. ("Intrusion"), for making false and misleading statements in 2020 and 2021 regarding the company's purported success in marketing a cybersecurity product, the te . . .

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