The Portnoy Law Firm has filed a class action lawsuit on behalf of investors who lost money on their investments in Intel Corporation. The lawsuit alleges that Intel announced a shift to an “Internal Foundry” model, highlighting cost-saving and margin-improving benefits, but later disclosed significant operating losses under this new structure, causing Intel’s stock price … Read more
Pomerantz LLP, a law firm, has filed a class action lawsuit against Intel Corporation, alleging securities fraud. Investors who purchased Intel securities during a specific period have until July 2, 2024, to request to be the lead plaintiff for the class. The lawsuit stems from Intel’s revelation of a $7 billion operating loss in its … Read more
The Gross Law Firm has issued a notice to shareholders of Intel Corporation (NASDAQ: INTC), urging those who purchased shares during the class period from January 25, 2024, to April 25, 2024, to consider taking action as lead plaintiff in a potential class action lawsuit. The complaint alleges that Intel Foundry Services’ growth did not … Read more
The Gross Law Firm has issued a notice to shareholders of Intel Corporation (NASDAQ: INTC) regarding potential securities law violations. Shareholders who purchased INTC shares between January 25, 2024 and April 25, 2024 are encouraged to contact the firm to potentially become lead plaintiffs in a class action lawsuit. The complaint alleges that during this … Read more
The Schall Law Firm, a national shareholder rights litigation firm, is reminding investors of a class action lawsuit against Intel Corporation for violations of securities laws. Investors who purchased Intel’s securities between January 25, 2024, and April 25, 2024, are encouraged to contact the firm before July 2, 2024. The lawsuit alleges that Intel made … Read more
Broadcom Inc.’s takeover of VMware Inc., an 18-month saga that ended in November, eventually led to the top lawyers at the two companies collectively earning almost $42 million in compensation, securities filings show. Mark Brazeal, Broadcom’s chief legal and corporate affairs officer, received almost $15.5 million in total compensation last year, with $14.3 million of … Read more