NEW YORK, Jan. 5, 2018 /PRNewswire/ -- Kaplan Fox
& Kilsheimer LLP (www.kaplanfox.com) is investigating Intel
Corporation ("Intel" or the "Company") (Nasdaq:
INTC) on behalf of investors who purchased Intel
securities.
On January 3, 2018, CNBC reported
that "[s]ecurity researchers released documentation this week of
critical vulnerabilities in modern processors used on almost every
computer around the world. The hardware bugs – known as
Meltdown and Spectre could allow programs to steal data including
'passwords stored in a password manager or browser, your personal
photos, emails, instant messages and even business critical
documents.'"
CNBC further reported that Intel CEO Brian Krzanich "sold off a large chunk of his
stake in the company after the chipmaker was made aware of serious
security flaw" and that an "SEC filing last November [2017] showed
Krzanich sold off about 644,000 shares by exercising his options
and another roughly 245,700 shares he already owned . . . That
reduced Krzanich's total number of share to 250,000, which is the
bare minimum that an Intel CEO should own, according to the Motely
Fool."
On January 3 through January 4,
2018, Intel stock declined $2.42 per share, over 5%, on heavier than usual
trading volume.
For more information about Kaplan Fox & Kilsheimer
LLP or its investigation of Intel, you may contact
jcampisi@kaplanfox.com or visit our website
at www.kaplanfox.com.
Kaplan Fox & Kilsheimer LLP,
with offices in New York,
San Francisco, Los Angeles, Chicago and New
Jersey, has decades of experience in prosecuting investor
class actions.
This press release may be considered Attorney Advertising in
some jurisdictions under the applicable law and ethical rules.
If you have any questions about this press release, please
contact:
Jeffrey P. Campisi
KAPLAN FOX & KILSHEIMER LLP
850 Third Avenue; 14th Floor
New York, NY 10022
(212) 687-1980
(800) 290-1952
jcampisi@kaplanfox.com
www.kaplanfox.com
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SOURCE Kaplan Fox &
Kilsheimer LLP