Intel faces lawsuit and accusations of inflating its stock price by sharing 'materially false or misleading statements

[Windows Central]

Intel now faces a lawsuit from its shareholders that claims the company shared false or misleading information about its manufacturing capacity. Intel announced 15,000 layoffs earlier this month and reported a net loss of $1.61 billion in the most recent quarter.

Intel faces lawsuit and accusations of inflating its stock price by sharing 'materially false or misleading statements : Read more