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Thread: Spectre and Meltdown fallout: 32 lawsuits filed against Intel

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    Spectre and Meltdown fallout: 32 lawsuits filed against Intel

    30 are customer class action suits, the other two have been filed by Intel investors.
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    Re: Spectre and Meltdown fallout: 32 lawsuits filed against Intel

    The sell of shares 'might just be a coincidence'

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    Re: Spectre and Meltdown fallout: 32 lawsuits filed against Intel

    Quote Originally Posted by lumireleon View Post
    The sell of shares 'might just be a coincidence'
    The key word being "might". A very convenient time that it was done.

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    Re: Spectre and Meltdown fallout: 32 lawsuits filed against Intel

    The problem is he's been selling off the stocks he's received as a bonus ever since he's been getting them, the only thing that really changed was when he sold them off and the amount, that's sure to get noses twitching but I'll eat my hat if anything comes of it as i imagine it would have been run by some very well paid and talented lawyers before it was signed off.

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    Re: Spectre and Meltdown fallout: 32 lawsuits filed against Intel

    It'll get locked up in courts for 5 years then they may get fined and Intel will just spin it off into appeals for another 5 years.

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    Re: Spectre and Meltdown fallout: 32 lawsuits filed against Intel

    Intel admits that in June 2017, a Google research team first notified it about various security vulnerabilities
    And yet they released the 8th generation in October knowing that all the SKU were vulnerable.

    Yeah, we'll fix it later with some patch when it gets public.

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    Re: Spectre and Meltdown fallout: 32 lawsuits filed against Intel

    The one anti trust case was specifically about releasing vulnerable processor after the disclosure of a "major exploit". I'd imagine that Intel will be hit with a huge fine and giving all customer a portion of the purchase price of processors if they can prove they should have fixed them

    All in all not much of a problem to Intel with the fortune it has amassed
    Old puter - still good enuff till I save some pennies!

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    Re: Spectre and Meltdown fallout: 32 lawsuits filed against Intel

    AMD is being sued also, and I believe so is ARM

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    Re: Spectre and Meltdown fallout: 32 lawsuits filed against Intel

    Quote Originally Posted by ETR316 View Post
    AMD is being sued also, and I believe so is ARM
    Not to the same level because neither AMD or ARM tried to deflect or pretend the issue wasn't as big as it actually was or even try to blame the other companies.

    So Intel can get stuffed.

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    Re: Spectre and Meltdown fallout: 32 lawsuits filed against Intel

    There are also a lot more intel purchasers, with very deep pockets. AMD is not immune to lawsuits over this either (https://www.theregister.co.uk/2018/0..._flaw_silence/ - note that this one is, in my non-expert opinion, a bit of a stretch)

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