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INTEL INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Intel Corporation - INTC


Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a
partner at the law firm of Kahn Swick & Foti, LLC ("KSF"), announces
that KSF has commenced an investigation into Intel Corporation

On January 2, 2018, news reports revealed a "fundamental design flaw" in
Intel's processor chips that increased vulnerability to hacking,
potentially allowing unauthorized third parties to access chip memory
holding sensitive information, which the Company confirmed the next day.
Software updates to fix the security flaws were reportedly causing other
problems, including significantly slowing down the processor speeds. The
Company has stated that Google researchers informed the Company of the
flaws "a while ago"; however, Google has stated it informed Intel of the
flaws between June and July 2017. In addition, media reports have
revealed that Intel's CEO sold millions of dollars' worth of Intel
shares after learning of the flawed chips, but before public disclosure
of the problems.

The Company and certain of its executives have been sued in a securities
class action lawsuit, charging them with failing to disclose material
information during the Class Period, violating federal securities laws.
Further, the Company recently disclosed that 30 class action lawsuits
have been filed against it by consumers relating to the flawed chips.

KSF's investigation focuses on whether Intel's officers and/or directors
breached their fiduciary duties to Intel's shareholders or otherwise
violated state or federal laws.

If you have information that would assist KSF in its investigation, or
have been a long-term holder of Intel shares and would like to discuss
your legal rights, you may, without obligation or cost to you, call
toll-free at 1-877-515-1850 or email KSF Managing Partner Lewis Kahn (,
or visit us at
to learn more.

About Kahn Swick & Foti, LLC

KSF, whose partners include Former Louisiana Attorney General Charles C.
Foti, Jr., is a law firm focused on securities, antitrust and consumer
class actions, along with merger & acquisition and breach of fiduciary
litigation against publicly traded companies on behalf of shareholders.
The firm has offices in New York, California and Louisiana.

To learn more about KSF, you may visit

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