Investigation and pending class action lawsuit against Intel Corporation and Hewlett-Packard Company on behalf of a nationwide class of consumers who purchased or leased a Pentium 4 microprocessor or a computer containing a Pentium 4 microprocessor with clock speeds ranging from 1.3 to 1.8 gigahertz.
This class action lawsuit alleges that Intel released the Pentium 4 prematurely, and that Intel and HP marketed the Pentium 4 to create the impression that the Pentium 4 outperformed the latest Pentium III, when they knew it did not. The lawsuit further alleges that Intel and HP exploited consumers' reasonable expectation that the Pentium 4 would outperform the cheaper Pentium III by charging premium prices for the Pentium 4. If you purchased or leased a Pentium 4 microprocessor with a clock speed of 1.3, 1.4, 1.5, 1.6, 1.7, or 1.8 gigahertz and would like to learn more about this lawsuit, please click on the link below.
Name (Stock Symbol)
Intel Corporation (INTC)
Intel Corporation designs, manufactures, and sells integrated circuits for computing and communications industries worldwide.
Hewlett Packard Company (HPQ)
Hewlett Packard Company manufactures and sells computers and related hardware.
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