Missouri
Intel faces shareholder class-action lawsuit for allegedly concealing foundry business problems
The Construction Laborers Pension Trust of Greater St. Louis, a Missouri-based pension fund, filed the lawsuit against Intel on behalf of other investors in a San Francisco...
What just happened? Things are going from bad to worse for Intel. In addition to the nightmare that is the Raptor Lake CPU crisis and the backlash over eliminating 15,000 jobs, the company is now being sued by shareholders over accusations it fraudul... [2292 chars]