Bernstein Liebhard LLP, a highly regarded law firm specializing in investor rights, is reminding investors about the deadline to file a lead plaintiff motion in a securities class action lawsuit involving Intel Corporation (NASDAQ: INTC). The lawsuit, filed in the United States District Court for the Northern District of California, alleges Securities Exchange Act violations … Read more
In San Diego on June 20, 2024, a shareholder filed a class action lawsuit against Intel Corporation (NASDAQ: INTC), alleging that the company misrepresented its business prospects. The lawsuit claims that Intel announced a shift to an internal foundry model in October 2022, promising cost-saving and margin-improving benefits. However, in April 2024, Intel disclosed operating … Read more
Wellington Management Group LLP increased its holdings in Cisco Systems, Inc. in the fourth quarter, owning over 47 million shares worth $2.38 billion. Other institutional investors also made changes with small stake increases. CEO Carlos Robbins and Executive VP Deborah L. Stahlkopf sold shares recently. Cisco Systems’ stock actions show a high-low range, and financial … Read more
Robbins LLP has issued a reminder to investors regarding a class action lawsuit filed by a shareholder against Intel Corporation (NASDAQ: INTC). The lawsuit covers the period between January 25, 2024, and April 25, 2024, during which time Intel, a company that designs, develops, manufactures, and sells computing and related products worldwide, allegedly misrepresented its … Read more
Oracle Coalfields has recently made an announcement regarding changes in its shareholder structure. Peel Hunt LLP, a London-based company, now holds 23.093554% of the voting rights in Oracle Power PLC, surpassing a significant threshold on May 20, 2024. This translates to over 1.5 billion votes in the energy company. The increased stake by Peel Hunt … Read more