Cycurion Makes It Clear: Issues Litigation Hold Letters to 16 Market Makers as Company Aggressively Investigates Potential Harm to Shareholders
MCLEAN, Va., April 10, 2026 -- Cycurion, Inc. (Nasdaq: CYCU) (“Cycurion” or the “Company”), a leading provider of advanced IT cybersecurity solutions and AI-driven innovations for government, enterprise, and critical infrastructure clients, today continues to make it clear that it will not sit idly by and will vigorously investigate anyone involved in manipulating the price of the Company’s stock. In the latest step, Cycurion has issued litigation hold letters (formal evidence preservation) to 16 prominent market makers and securities firms, putting them on immediate notice to preserve all evidence of trading activity in the Company’s stock as part of an ongoing investigation into potential market manipulation.
The litigation hold letters, issued in connection with the Superior Court of Justice, Wake County, North Carolina (File No. 26CV012490-910) in the action Cycurion, Inc. f/k/a WAVS v. ACCESS Newswire Inc. and John Doe One, formally require each recipient to preserve and not destroy, alter, or delete any records related to trading in shares of Cycurion, Inc. (Nasdaq: CYCU) during the period February 16, 2026 through March 23, 2026. This includes all buy and sell orders, execution details, counterparty information, communications, customer account details (including KYC), surveillance reports, exception reports, internal investigations, margin and collateral records, order lifecycle data, bid/ask quotes, spread data, Consolidated Audit Trail information, and any Suspicious Activity Reports (SARs).
“As we have said from the beginning, we will not sit on our hands while others try to harm our company and our shareholders,” said Kevin Kelly, CEO of Cycurion. “We continue to make it clear that we will go after those who have hurt the Company and its shareholders by their nefarious actions. We are proactively issuing these litigation hold letters to 16 market makers as part of our investigation into potential short selling and market manipulation. Our internal cybersecurity team — with national security-level tradecraft — combined with targeted legal action, will continue to expose those responsible while we execute on our real business.”
Cycurion continues to focus on profitable growth and believes this will be a breakout year for the Company as it expands its contract backlog with government and enterprise clients, advances its proprietary ARx platform and AI-enhanced cybersecurity offerings, and delivers long-term value to shareholders.
This latest action builds upon the Company’s recent success in unmasking Michael S. Emo as the individual previously named as John Doe 1 and John Doe 2 in the Company’s defamation lawsuit pending in Alexandria, Virginia. Cycurion remains committed to using every available legal and technological tool to protect shareholder value, defend market integrity, and ensure the truth prevails.
About Cycurion, Inc.
Based in McLean, Virginia, Cycurion (NASDAQ: CYCU) is a forward-thinking provider of IT cybersecurity solutions and AI, committed to delivering secure, reliable, and innovative services to clients worldwide. Specializing in cybersecurity, program management, and business continuity, Cycurion harnesses its AI-enhanced ARx platform and expert team to empower clients and safeguard their operations. Along with its subsidiaries, Axxum Technologies LLC, Cloudburst Security LLC, and Cycurion Innovation, Inc., Cycurion serves government, healthcare, and corporate clients committed to securing the digital future.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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