Intellego Dismisses CEO, Engages KPMG for Investigation

Intellego Technologies’ Board of Directors has dismissed the CEO and engaged KPMG to conduct an independent forensic investigation of the company’s accounting and capital market communications.

• CEO Claes Lindahl has been relieved of his duties, with board member Jacob Laurin named acting CEO
  • “The Board sees no basis for Lindahl’s return, regardless of the outcome of the ongoing legal proceedings”
• The process to recruit a permanent CEO has been initiated
• Nasdaq has requested responses to a number of questions as by Dec. 5
  • The plan is for KPMG’s work to form the basis of Intellego’s response
  • The conclusions will ...