The Rosen Law Firm, a global investor rights law firm, has issued a reminder to buyers of Intel Corporation securities between January 25, 2024, and April 25, 2024, about the upcoming deadline for the Lead Plaintiff on July 2, 2024. If investors purchased Intel securities during the mentioned period, they may be eligible for compensation without any out-of-pocket fees through a contingency fee arrangement.
The law firm encourages investors to be cautious when selecting an attorney for the Intel class action lawsuit and recommends choosing qualified attorneys with a history of successful leadership roles. Rosen Law Firm specializes in securities class actions and shareholder derivative litigation and has a track record of significant settlements and achievements in this field.
The class action lawsuit against Intel alleges that the company’s executives made false and misleading statements during the Class Period regarding Intel Foundry Services’ growth and profitability. The lawsuit claims that the in-house foundry model experienced significant operating losses in 2023, leading to a decline in product profits. When the true details came to light, investors suffered damages.
To participate in the class action lawsuit, interested parties can visit the Rosen Law Firm website or contact Phillip Kim, Esq. for more information. It is important to note that no classes have been certified yet, and investors can choose to be represented by an attorney of their choice or remain an absent party member. Participation in any potential future recovery is not dependent on serving as the lead plaintiff.
Follow-up updates on the case can be found on the Rosen Law Firm’s social media channels such as LinkedIn, Twitter, and Facebook. The firm emphasizes that past results do not guarantee a similar outcome in future cases.
For more information or to contact the Rosen Law Firm, individuals can reach out to Laurence Rosen, Esq., Phillip Kim, Esq., at their New York office. The firm’s contact details are provided on their website.
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https://www.globenewswire.com/news-release/2024/06/19/2901326/0/en/ROSEN-NATIONAL-INVESTOR-COUNSEL-Encourages-Intel-Corporation-Investors-to-Secure-Counsel-Before-Important-Deadline-in-Securities-Class-Action-INTC.html