Business
Cycurion Goes on Offense: Initiates Legal Action and Seeks Millions in Damages Against ACCESS Newswire and Those Responsible for Disseminating the Unauthorized and Fraudulent Release
MCLEAN, Va., April 02, 2026 (GLOBE NEWSWIRE) -- Cycurion, Inc. (Nasdaq: CYCU) (“Cycurion” or the “Company”), a trusted leader in IT cybersecurity and
About this update from Cycurion, Inc.
[{"type":"text","content":"MCLEAN, Va., April 02, 2026 (GLOBE NEWSWIRE) -- Cycurion, Inc. (Nasdaq: CYCU) (“Cycurion” or the “Company”), a trusted leader in IT cybersecurity and AI-driven solutions, today announced that it has taken aggressive legal action in response to the unauthorized and fraudulent press release disseminated on March 16, 2026, via ACCESS Newswire (NYSE American: ACCS), based in Raleigh, North Carolina. The Company has engaged litigation counsel and is actively pursuing substantial legal remedies, including claims for damages in the millions of dollars, against ACCESS Newswire, the individuals and entities responsible for placing the unauthorized and fraudulent release with ACCESS Newswire, and any other parties involved in the dissemination of false information that manipulated the market for Cycurion’s securities. Leveraging its advanced proprietary cyber tools and expertise in cybersecurity and digital forensics, the Company is actively identifying the perpetrators of this coordinated scheme. The March 16, 2026 press release — which falsely stated the Company had entered into a definitive agreement to acquire a Washington, D.C.-based cybersecurity firm — was not authorized, issued, or approved by Cycurion. The entirely false statements did not reflect the Company’s actual operations, financial position, or strategic plans. The unauthorized and fraudulent release was disseminated through ACCESS Newswire and contained multiple signs of inauthenticity, including fabricated contact information, unsupported transaction claims, and fake quotes. Cycurion believes this was part of a deliberate, coordinated effort to create market confusion and manipulate Cycurion’s stock price. “As a publicly traded company, we will not tolerate attacks on our integrity or attempts to deceive our investors,” said Kevin Kelly, CEO of Cycurion. “We moved swiftly to correct the record and are now on the offensive — pursuing full accountability and significant damages against those responsible. Our focus remains on executing our strategy, delivering strong results, and building long-term value for our shareholders.” Cycurion has retained Moskowitz Colson Ginsberg & Schulman, LLP in connection with this matter, with the litigation being led by Peter R. Ginsberg. Inquiries regarding the legal action should be directed to Cycurion Investor Relations at (888) 341-66...