January 10, 2022
A California federal judge has permanently dismissed all but one claim from a proposed ERISA class action accusing Intel's retirement and 401(k) plan fiduciaries of spending billions on "risky," poorly performing investment options.
January 22, 2021
A California federal judge Thursday tossed three former Intel Corp. employees' proposed Employee Retirement Income Security Act class action accusing fiduciaries overseeing the company's investment plans of funneling billions of funds into "risky" endeavors, ruling the workers failed to provide even "minimal factual support" of some allegations.
August 12, 2019
A former Intel Corp. employee has accused the committee that directs fund investment from Intel's retirement and 401(k) plans of unwisely funneling billions of dollars' worth of workers' retirement savings into "risky" investments.