May 30, 2018
A California federal judge Tuesday consolidated two proposed class actions and ruled that a Louisiana pension fund may lead the resulting suit that alleges Intel Corp. knew but failed to disclose the existence of two security flaws that sent its stock crashing, finding that the fund had the greatest financial interest in the case.
March 16, 2018
A pension fund pushed to consolidate and then lead two proposed class actions alleging Intel Corp. knew but failed to disclose the existence of two security flaws that sent its stock crashing, telling a California federal court Thursday that the disputes are identical and the fund has suffered the greater damages.
January 25, 2018
Investors hit Intel Corp. with another stock-drop putative class action in California federal court on Tuesday, alleging that the computer chip manufacturer knew but failed to disclose the existence of two previously unreported security flaws, prompting share prices to tumble more than 5 percent in two days.