root9B Technologies Announces Dismissal of Class Action Lawsuit

root9B Technologies (RTNB) announced today that the United States District Court for the District of Colorado has dismissed, with prejudice, the securities class action litigation originally filed in June 2015 against root9B Technologies and certain of the Company’s officers and directors.

“We are very pleased with the Court’s decision and believe the ruling supports our position that the lawsuit was frivolous and without merit,” said Joseph Grano, Chairman and Chief Executive Officer of root9B Technologies. “We have always had tremendous confidence in the platform that Eric Hipkins and his team at root9B have built and are proud of the company’s ability to develop best in class cyber security solutions.”

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