<ul><li>Shareholder LR Trust files a lawsuit against former and current Intel executives, including former CEO Pat Gelsinger and interim co-CEO David Zinsner, over alleged mismanagement and misleading disclosures related to Intel Foundry Services.</li><li>The lawsuit seeks the return of executive compensation, including Gelsinger’s entire $207 million salary earned during his tenure from 2021 to 2023.</li><li>Claims are made that Intel’s leadership failed to properly disclose the struggling performance of its foundry division, which faced difficulties in attracting major designers and experienced substantial financial losses.</li><li>The lawsuit, structured as a derivative action, could potentially improve Intel's financial health if damages are awarded and paid to the company itself.</li></ul>

Intel ex-CEO and co-CEO Sued Over Alleged Misleading Foundry Disclosures

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