Levi & Korsinsky, LLP has informed investors in Intel Corporation about a securities class action lawsuit. The lawsuit aims to recover losses for investors who were impacted by alleged values fraud between January 25, 2024, and April 25, 2024. The complaint alleges that Intel Corporation’s defendants made false statements regarding Intel Foundry Services’ growth not correlating with reportable revenue growth in the Internal segment, significant operating losses in 2023, decline in product profits, and misleading statements about the Company’s business and prospects.
Investors who suffered losses during the specified time period have until July 2, 2024, to request to be appointed as lead plaintiff. It is emphasized that participation in any recovery does not require serving as lead plaintiff, and members of the class may be entitled to compensation without any out-of-pocket costs. Levi & Korsinsky, a law firm with a strong track record in securities litigation, is representing investors in this case.
To learn more about the lawsuit or contact the legal team, investors can visit the link provided in the content or contact Joseph E. Levi, Esq. through email or phone. Levi & Korsinsky has a team of more than 70 employees with extensive experience in securities litigation and has been recognized as one of the top securities litigation firms in the United States for seven consecutive years. The law firm’s contact information is also provided for those interested in seeking legal guidance or representation.
Overall, investors impacted by the alleged values fraud at Intel Corporation have the opportunity to seek compensation through the class action lawsuit initiated by Levi & Korsinsky, LLP. By following the provided links or contacting the legal team, investors can learn more about their rights and potential for recovery in this case.
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