Intel Corporation

16 DAYS LEFT TO SEEK LEAD PLAINTIFF STATUS

Case Summary
Company Name: Intel Corporation
Stock Symbol : NASDAQ: INTC
Class Period Start: 07/27/2017
Class Period End: 01/04/2018
Lead Plaintiff motion: 03/12/2018
Date Filed: 01/10/2018
Type of Case: Securities Class Action
Court: U.S. District Court for the Central District of California
Summary:

Thieler Law Corp advises investors with losses exceeding $100,000 of the March 12, 2018 lead plaintiff deadline in a class action lawsuit filed against Intel Corporation (NASDAQ: INTC) (“'Intel'' or “the Company”). The suit is pending in the U.S. District Court for the Central District of California and investors, who purchased Intel Corporation securities between July 27, 2017 and January 4, 2018, have until March 12, 2018 to move for lead plaintiff. You do not need to move for lead plaintiff to be a member of the Class.

If you purchased Intel Corporation securities during the Class Period, and have losses over $100,000, you may contact Thieler Law Corp by calling at (619) 377 - 4324 or emailing mail@thielerlaw.com . No class has been certified in this case, and if your losses are less than $100,000 you are still a member of the class.

The complaint alleges that during the Class Period defendants made false and misleading statements and/or allegedly failed to disclose that there is a fundamental design flaw in Intel's processor chips as they contain a feature that makes them vulnerable to hacking; updates to fix the problems in Intel's processor chips could cause Intel chips to operate 5-30 percent more slowly; and consequently, Defendants' public statements were materially false and misleading at all relevant times.

On January 2, 2018, The Register reported that a “fundamental design flaw” in Intel chips could make it possible for “hackers to exploit other security bugs or, worse, expose secure information such as passwords, thus compromising individual computers or even entire server networks.” According to reports security patches may drastically slow down device performance.

Following this news, shares of Intel Corporation stock were down 6.5% during intraday trading on January 3, 2018.

If you were negatively impacted by your investment in Intel Corporation securities between July 27, 2017 and January 4, 2018 and would like to learn more about this lawsuit and your ability to participate as a lead plaintiff, please contact us for your no-cost evaluation.

Thieler Law Corp purchases advertisements on search engines, social media sites and other websites. If you send us information, note that does not create an attorney-client relationship with the firm.

Thieler Law Corp

2534 State Street - Suite 406,

San Diego, CA 92101

by

email: mail@thielerlaw.com

or

telephone at +1 (619) 377 - 4324

or

visit our website http://www.thielerlaw.com/

or

Facsimile: +1 (619) 785 – 3185

Transactions
Buy date (mm/dd/yyyy) Number of shares Price per share
Sell date (mm/dd/yyyy) Number of shares Price per share
Please wait...