The SCAC is currently undergoing restructuring and has paused updates to the Clearinghouse website. As a courtesy to our users, the New Filings email will continue to be provided by the Stanford Securities Litigation Analytics project during this period.
Intel Beats Shareholder Lawsuit over $32 Billion Stock Plunge
Jonathan Stempel, Reuters, July 24, 2025
Excerpt:
A federal judge dismissed a lawsuit accusing Intel [...] of defrauding shareholders by concealing problems in a business where it manufactured chips for outside customers, leading to a $32 billion one-day plunge in its market value. [...]