ROSEN Advises Intel Corporation Investors to Seek Counsel Before Key Deadline in Securities Class Action Lawsuit – INTC

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ROSEN Advises Intel Corporation Investors to Seek Counsel Before Key Deadline in Securities Class Action Lawsuit – INTC

The Rosen Law Firm, a global investor rights law firm, is reminding buyers of Intel Corporation (NASDAQ: INTC) securities between January 25, 2024, and April 25, 2024, about the upcoming Lead Plaintiff Deadline on July 2, 2024. If investors purchased Intel securities during this Class Period, they may be eligible for compensation through a contingency fee arrangement without any out-of-pocket fees. To participate in the class action lawsuit against Intel, individuals can visit the Rosen Law Firm website or contact Phillip Kim, Esq. for more information. It is essential for investors to choose experienced attorneys when pursuing legal action, as some firms may not have the necessary expertise in litigating securities class actions.

The lawsuit against Intel alleges that during the Class Period, the company’s statements regarding its Intel Foundry Services (IFS) and in-house foundry model were false and misleading. The complaint claims that Intel’s Foundry model experienced operating losses in 2023, leading to a decline in product profits. As a result, Intel’s positive statements about its business operations were deemed misleading, causing investors to suffer damages when the truth was revealed.

It is important for investors to take action before the Lead Plaintiff Deadline of July 2, 2024, to potentially recover losses incurred as a result of Intel’s alleged misleading statements. Rosen Law Firm has a successful track record in securities class actions and shareholder derivative litigation, having recovered millions of dollars for clients in the past. By choosing qualified attorneys with experience in such cases, investors can maximize their chances of a successful outcome in the class action against Intel.

Individuals interested in joining the Intel class action lawsuit can visit the Rosen Law Firm website or contact Phillip Kim, Esq. for more information. It is crucial to stay informed about the legal proceedings and potential recovery options, as no classes have been certified yet, and investors are not represented by an attorney unless they choose to hire one. By taking proactive steps to participate in the lawsuit, investors can protect their rights and seek compensation for any losses suffered due to Intel’s alleged false statements.

Follow the Rosen Law Firm on social media platforms for updates on the class action lawsuit against Intel. The firm’s successful history in securities litigation and dedication to representing investors worldwide make it a reliable choice for individuals seeking legal recourse in cases of misconduct by corporations like Intel. Remember that past results do not guarantee similar outcomes, but with the Rosen Law Firm’s expertise, investors can pursue justice and potential financial recovery in the Intel securities lawsuit.

For more information, individuals can contact the Rosen Law Firm directly or visit their website to stay informed about the ongoing legal proceedings and their rights as potential claimants in the Intel class action lawsuit.

Article Source
https://www.globenewswire.com/news-release/2024/05/25/2888249/673/en/ROSEN-NATIONALLY-REGARDED-INVESTOR-COUNSEL-Encourages-Intel-Corporation-Investors-to-Secure-Counsel-Before-Important-Deadline-in-Securities-Class-Action-INTC.html