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Cycurion Files Multi-Million Dollar Lawsuit Against ACCESS Newswire And Unknown Parties Over Fraudulent Market-Manipulating Press Release

Benzinga·04/02/2026 12:39:45
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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: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.

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