Intel Execs Face Shareholder Ire After AMD Deal

Law360, New York (November 17, 2009, 3:59 PM EST) -- A day after Intel Corp. signed a $1.25 billion truce with its rival, top executives of the computer chip giant were hit with a suit aimed at protecting the company and its shareholders from the costs of settlements and fines arising from their alleged antitrust breaches.

Shareholder Charles Gilman filed a complaint against current and former Intel executives, including CEO Paul Otellini and ex-chairman Craig Barrett, in the U.S. District Court for the District of Delaware on Friday, saying Intel's “innocent shareholders” should not be forced...
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