Derivatives claim seeks damages from execs and board members

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Intel sued again over foundry business troubles

Intel announced the retirement of CEO Pat Gelsinger as the company continues to face big challenges. See why INTC stock is a Sell.

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Intel sued again over struggling foundry business
Derivatives claim seeks damages from execs and board members
Beleaguered chipmaker Intel has been sued yet again by shareholders over its foundry business, this time in a derivative lawsuit targeting executives and board members.
A derivative…

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Intel sued again over struggling foundry business

The plaintiffs seek the entire sum of Gelsinger's $207 million salary that he earned during his tenure, which would then be paid back to Intel.

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Intel ex-CEO Gelsinger and current co-CEO slapped with lawsuit over Intel Foundry disclosures — plaintiffs demand Gelsinger surrender salary earned

News from HD Technology. Visit www.hd-tecnologia.com for the latest developments. The expectations generated by the restructuring of Intel, initiated in 2022 under the direction of Pat Gelsinger, have not been met according to a group of investors, who have now filed a collective lawsuit against the company. Shareholders accuse both Gelsinger and his interim successor, David Zinsner, and other executives, of breach of fiduciary duties, illicit e…

Noticia extraída de HD Tecnología. Visite www.hd-tecnologia.com para las últimas novedades. Las expectativas generadas por la reestructuración de Intel, iniciada en 2022 bajo la dirección de Pat Gelsinger, no se han cumplido según un grupo de inversores, quienes ahora han presentado una demanda colectiva contra la compañía. Los accionistas acusan tanto a Gelsinger como a su sucesor interino, David Zinsner, y otros ejecutivos, de incumplimiento d…

Demandan a Pat Gelsinger y otros ejecutivos de Intel por mala gestión y falta de transparencia en su división de fabricación

HD Tecnología

Pat Gelsinger and other Intel executives sued for mismanagement and lack of transparency in their manufacturing division

Derivatives claim seeks damages from execs and board members Beleaguered chipmaker Intel has been sued yet again by shareholders over its foundry business, this time in a derivative lawsuit targeting executives and board members. . . .

Intel sued again over foundry business troubles

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