InterCloud Systems Files Lawsuit Against Former Auditor Grant Thornton

InterCloud Systems (NASDAQ:ICLD) has announced the filing of a lawsuit against Grant Thornton in Supreme Court for a breach of contract in addition to fraudulent inducement.
As quoted in the press release:

Mark Munro, CEO of InterCloud stated, “It is the Company’s position that Grant Thornton breached its obligations to the Company and the result thereof was a domino effect which included the delisting of InterCloud from the NASDAQ.   The Company and its shareholders have been damaged by Grant Thornton’s conduct and redress is being sought accordingly.”

Click here to read the full press release.