Gross Law Firm has issued a notice to shareholders of Intel Corporation (NASDAQ: INTC) regarding a potential class action lawsuit. Shareholders who purchased INTC shares between January 25, 2024, and April 25, 2024, are encouraged to contact the firm to discuss the appointment of a lead plaintiff. The complaint alleges that Intel Foundry Services’ growth did not translate to reportable revenue growth in the company’s Internal segment, leading to significant operating losses and a decline in product earnings. The deadline for shareholders to register for the class action lawsuit is July 2, 2024.
The Gross Law Firm, a nationally recognized class action law firm, is dedicated to protecting investors who have suffered losses due to deceptive practices. The firm seeks recovery on behalf of investors who were misled by false statements or omissions that artificially inflated a company’s stock. Shareholders who register for the class action lawsuit will receive updates on the case’s progress through portfolio monitoring software. There is no cost or obligation for shareholders to participate in the lawsuit.
For more information and to register as a shareholder, visit the Gross Law Firm’s website. The firm’s contact information is as follows:
The Gross Law Firm
15 West 38th Street, 12th Floor
New York, NY 10018
Email: [email protected]
Telephone: (646) 453-8903
Investors should not delay in registering for the class action lawsuit against Intel Corporation, as the deadline is July 2, 2024. The Gross Law Firm aims to hold companies accountable for their actions and ensure responsible business practices and good corporate citizenship.
Overall, the notice from the Gross Law Firm highlights the allegations against Intel Corporation during the specified class period and encourages affected shareholders to seek potential recovery through legal action.
Article Source
https://www.prnewswire.com/news-releases/intel-corporation-sued-for-securities-law-violations–investors-should-contact-the-gross-law-firm-for-more-information–intc-302185241.html
