Intel Shareholders Sue Chipmaker After Job, Dividend Cuts Cause Stock Plunge
Intel was sued on Wednesday by shareholders who said the Silicon Valley chipmaker fraudulently concealed problems that led it to post weak results, slash jobs and suspend its dividend, and caused its market value to sink more than $32 billion (roughly Rs. 2,68,732 crore) in a single day. The proposed class action against Intel, Chief Executive Patrick […]