Intel investors filed a class-action lawsuit on June 24, 2024, alleging securities law violations and concealment of Foundry Services losses.
Intel Corporation investors filed a class-action lawsuit on June 24, 2024, alleging securities law violations between January 25 and April 25, 2024. The lawsuit accuses Intel of concealing that the growth of its Foundry Services was not indicative of revenue growth and that the Foundry experienced significant operating losses in 2023. Investors who purchased shares within the specified period can contact attorney Lesley F. Portnoy of The Portnoy Law Firm for more information on the case.
June 24, 2024
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