Thread regarding Intel Corp. layoffs

Two more class action lawsuits

Bronstein
https://www.bloomberg.com/press-releases/2020-07-31/intc-investor-alert-bronstein-gewirtz-grossman-llc-notifies-intel-corporation-shareholders-of-class-action-and-encourages

Cruz
https://apnews.com/3bc8aee678654389a69328f54f2917b2

This bring it up to four concurrent suits.

TLDR; version of summary of everything- All the cases are about the failure to disclose. If you know anything about regulatory statutes in general, it's self explanatory that any failure to disclose is bad.

If there is any proof at all that Intel knew about the issues beforehand and didn't disclose, there's a case.

by Anonymous
| 1843 views | | 1 reply (last ) | Reply
Post ID: @OP+16gRCZCD
Comment! It's anonymous!

1 reply

Oh of course people knew. There's no way everyone had their head in the sand and were clueless to the situation.

I can't wait to read the tales, given under oath, of how "I told my manager that things were going sideways because of X decision(s) made by X co-worker(s)/upper management. He said he needed to go work out and did nothing to address the issue(s)."

by Anonymous
| | Reply
Post ID: @3tav+16gRCZCD

Post a reply

: