A class action lawsuit has been filed against Intel Corporation (INTC) with a deadline to join by July 2, 2024. Investors who suffered losses between January 25, 2024, and April 25, 2024, due to alleged securities fraud are encouraged to participate. The lawsuit alleges that Intel Foundry Services growth did not reflect reportable revenue growth in the Internal segment, leading to significant operating losses in 2023 and a decline in product earnings. Investors who wish to be considered for lead plaintiff status must act by July 2, 2024.
The law firm Levi & Korsinsky, LLP is representing investors in this class action lawsuit and has a track record of securing significant compensation for affected shareholders. There is no cost or obligation for investors to participate in the lawsuit. For more information or to contact Levi & Korsinsky, investors can visit their website or reach out to Joseph E. Levi, Esq. by email or phone.
Overall, this article alerts investors to a class action lawsuit against Intel Corporation, highlights the details of the case, provides information on how to join the lawsuit, and emphasizes the opportunity for investors to seek compensation without incurring any out-of-pocket costs. The deadline to join the lawsuit is July 2, 2024.
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https://www.morningstar.com/news/pr-newswire/20240701ny51869/class-action-filed-against-intel-corporation-intc-july-2-2024-deadline-to-join-contact-levi-korsinsky