Labaton Sucharow LLP Announces Expanded Securities Class Action Lawsuit Filed Against Intel Corporation (INTC)

NEW YORK–(BUSINESS WIRE)–Sep 15, 2020–

Labaton Sucharow LLP (“Labaton Sucharow”) announces that on September 15, 2020, it filed a securities class action lawsuit, captioned Plumbers and Steamfitters Local 60 Pension Trust v. Intel Corporation, No. 5:20-cv-06467 (N.D. Cal.) (the “Action”), on behalf of its client, Plumbers and Steamfitters Local 60 Pension Trust (“Local 60”).

The Action asserts claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (“Exchange Act”) and SEC Rule 10b-5 promulgated thereunder, on behalf of all persons or entities who purchased or otherwise acquired Intel Corporation (NASDAQ: INTC) (“Intel” or the “Company”) securities during the period from January 24, 2020 through July 23, 2020, both dates inclusive (the “Class Period”). The claims under the Exchange Act have been brought against the Company and certain of its executive officers.

The Action expands upon the related and first-filed case captioned: Huang v. Intel Corp.,

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