NEW YORK, June 21, 2018 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Intel Corporation ("Intel" or the "Company") (NASDAQ: INTC). Such investors are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/intc.
The investigation concerns whether Intel and certain of its officers and/or directors have violated federal securities laws.
On June 21, 2018, Intel issued a press release "announc[ing] the resignation of Brian Krzanich as CEO and a member of the board of directors." Intel advised investors that it "was recently informed that that Mr. Krzanich had a past consensual relationship with an Intel employee. An ongoing investigation by internal and external counsel has confirmed a violation of Intel's non-fraternization policy, which applies to all managers. Given the expectation that all employees will respect Intel's values and adhere to the company's code of conduct, the board has accepted Mr. Krzanich's resignation." On this news, Intel's share price fell sharply during intraday trading on June 21, 2018.
If you are aware of any facts relating to this investigation, or purchased Intel shares, you can assist this investigation by visiting the firm's site: www.bgandg.com/intc. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
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