The Rosen Law Firm, a global investor rights law firm based in New York, has announced an important deadline for buyers of Intel Corporation securities. Investors who purchased Intel securities between January 25, 2024, and April 25, 2024, have until July 2, 2024, to lead the plaintiff in a class-action lawsuit against the company.
During the Class Period, the complaint alleges that Intel made false and misleading statements about the growth of Intel Foundry Services (IFS) and the company’s overall financial health. The lawsuit claims that defendants failed to disclose significant operating losses in the Foundry model, leading to a decline in product profits and misleading investors about Intel’s prospects.
Investors who wish to participate in the class action lawsuit can visit the Rosen Law Firm website or contact lead counsel Phillip Kim, Esq., for more information. It is essential to note that no classes have been certified yet, and investors can choose to be represented by their attorneys or remain absent from the litigation process.
The Rosen Law Firm encourages investors to stay updated on the case by following their social media accounts and website. The firm emphasizes that past results do not guarantee future outcomes and discloses their contact information for interested parties.
In conclusion, the Rosen Law Firm is actively seeking lead plaintiffs to represent investors in a class-action lawsuit against Intel Corporation. The firm alleges that Intel made false and misleading statements about its financial health, leading to investor losses. Investors who purchased Intel securities during the Class Period are encouraged to explore their legal options and consider participating in the lawsuit led by the Rosen Law Firm.
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https://www.marketscreener.com/quote/stock/INTEL-CORPORATION-4829/news/INTC-Investors-Have-Opportunity-to-Lead-Intel-Corporation-Securities-Fraud-Lawsuit-47014143/?utm_medium=RSS&utm_content=20240620
