NEW YORK, NY / ACCESSWIRE / January 3, 2018 / Pomerantz LLP is investigating claims on behalf of investors of Intel Corporation ("Intel" or the "Company") (NASDAQ: INTC). Such investors are advised to contact Robert S. Willoughby at rswilloughby@pomlaw.com or 888-476-6529, ext. 9980.

The investigation concerns whether Intel and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.

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On January 2, 2018, post-market, news outlets reported that a significant design flaw in Intel's processor chips could allow malicious software to read protected areas of a device's kernel memory -i.e., memory dedicated to the most essential core components of an operating system and their interactions with system hardware - potentially exposing protected information, such as passwords. The online publication The Register reported that the operating system updates necessary to address the vulnerability would likely result in "a ballpark figure of five to 30 percent slow down, depending on the task and the processor model," for Intel-based computing devices. On this news, Intel's share price has fallen sharply during intraday trading on January 3, 2018.

The Pomerantz Firm, with offices in New York, Chicago, Los Angeles, and Paris, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 80 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com.

SOURCE: Pomerantz LLP