Intel Manages To Dodge A Massive Shareholder Lawsuit; One That Triggered The “Bear Run” In 2024

OSTN Staff

Intel has reportedly escaped a massive shareholder lawsuit, which previously accused the firm of hiding foundry losses and manipulating financial performance. Intel’s Shareholder Lawsuit Gets Dismissed On The Grounds Of Insufficient Evidence; Plaintiffs Can Still File An Amended Complaint Well, it seems like Team Blue has gotten rid of a massive problem coming their way, and considering all the issues they are surrounded by, this is undoubtedly a relief for them. According to Reuters, Intel has won a lawsuit filed by the company’s shareholders, which claimed that Intel had taken too long to disclose $7 billion worth of operating losses […]

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