Intel Executives Accused of Mismanagement, Facing Massive Lawsuit from Shareholder LRTrust
Intel Executives Accused of Mismanagement, Facing Massive Lawsuit from Shareholder LRTrustIntel Corporation is embroiled in a significant lawsuit filed by LRTrust, a major shareholder, against several executives and directors, including former CEO Pat Gelsinger and interim co-CEO and CFO David Zinsner. The lawsuit centers on allegations of mismanagement leading to the poor performance of Intel's Foundry Services (IFS) division, demanding the return of compensation and compensation for shareholder losses...