Case Page

 

Case Status:    ONGOING    
On or around 06/12/2018 (Ongoing date of last review)

Filing Date: January 10, 2018

Intel designs, manufactures, and sells computer, networking, and communications platforms worldwide.

The law firm press release alleges that throughout the Class Period, Defendants made false and/or misleading statements and/or failed to disclose that: (1) there is a fundamental design flaw in Intel’s processor chips as they contain a feature that makes them vulnerable to hacking; (2) updates to fix the problems in Intel’s processor chips could cause Intel chips to operate 5-30 percent more slowly; and (3) as a result, Defendants’ public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

On June 7, 2018, the Court issued an Order transferring this case to the District Court for the Northern District of California.

COMPANY INFORMATION:

Sector: Technology
Industry: Semiconductors
Headquarters: United States

SECURITIES INFORMATION:

Ticker Symbol: INTC
Company Market: NASDAQ
Market Status: Public (Listed)

About the Company & Securities Data


"Company" information provides the industry and sector classification and headquarters state for the primary company-defendant in the litigation. In general, "Securities" information provides the ticker symbol, market, and market status for the underlying securities at issue in the litigation.

In most cases, the primary company-defendant actually issued the securities that are the subject of the litigation, and the securities information and company information relate to the same entity. In a small subset of cases, however, the primary company-defendant is not the issuer (for example, cases against third party brokers/dealers), and the securities information and company information do not relate to the same entity.
COURT: N.D. California
DOCKET #: 18-CV-00223
JUDGE: Hon. Dolly M. Gee
DATE FILED: 01/10/2018
CLASS PERIOD START: 07/27/2017
CLASS PERIOD END: 01/04/2018
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. The Rosen Law Firm, P.A. (New Los Angeles)
    355 South Grand Ave, Suite 2450, The Rosen Law Firm, P.A. (New Los Angeles), CA 90071
    (213) 785-2610 (213) 226-4684 ·
No Document Title Filing Date
COURT: N.D. California
DOCKET #: 18-CV-03416
JUDGE: Hon. Dolly M. Gee
DATE FILED: 06/07/2018
CLASS PERIOD START: 07/27/2017
CLASS PERIOD END: 01/04/2018
PLAINTIFF FIRMS NAMED IN COMPLAINT:
No Document Title Filing Date