Intel shareholders filed a derivative lawsuit against former CEO Pat Gelsinger and current CFO David Zinsner, seeking the return of $207 million in executive compensation. The lawsuit alleges that Intel’s leadership misled investors about the performance of Intel Foundry Services, which incurred significant losses and led to company-wide layoffs.
Intel shareholders want fired CEO to return 3 yrs salary for 5 ‘big mistakes’

Categories:
Related Post

‘Peace, security of South China Sea … ‘: PM Modi at East Asia Summit‘Peace, security of South China Sea … ‘: PM Modi at East Asia Summit
Prime Minister Narendra Modi advocates for global peace and stability at the East Asia Summit, emphasizing the importance of dialogue, diplomacy, and respect for sovereignty. He calls for united efforts
United to fly to 8 new cities overseas — here’s where you can goUnited to fly to 8 new cities overseas — here’s where you can go
United Airlines is adding new overseas destinations in what the carrier calls its largest international expansion.

‘Why disrespect?’: Priyanka slams PM Modi over Nadda’s reply to Kharge‘Why disrespect?’: Priyanka slams PM Modi over Nadda’s reply to Kharge
Priyanka Gandhi Vadra criticized Prime Minister Narendra Modi for delegating BJP chief JP Nadda to respond to Mallikarjun Kharge’s letter regarding slanderous remarks against Rahul Gandhi. She emphasized the importance