Intel top brass smacked with sueball for keeping schtum about chip flaws

Intel top brass smacked with sueball for keeping schtum about chip flaws

6 years ago
Anonymous $1bh8zaeyQS

https://www.theregister.co.uk/2018/01/11/intel_ceo_cfo_sued_spectre_meltdown/

An Intel stockholder filed a class-action lawsuit yesterday accusing the chipmaker of artificially inflating its stock prices by omitting to tell anyone about the Spectre and Meltdown flaws in its products.

The complaint, brought by Intel shareholder Elvis Alvira, pits investors who acquired Chipzilla's shares between July 27, 2017, and January 4, 2018, against the corporation, its chief exec Brian Krzanich, and chief financial officer Robert Swan.