Class Action Lawsuit Against Intel Corporation
Summary of Pending Case: Shepherd, Finkelman, Miller & Shah filed a Class Action Complaint ("Complaint") against Intel Corporation ("Intel" or "Defendant") in July 2005 in the United States District Court for the District of Delaware, for violation of the antitrust laws. The lawsuit, filed on behalf of consumers who purchased Intel-based personal computers, alleges that Intel holds a monopoly in the market for microprocessors that run the most popular operating systems (x86 microprocessors) and has unlawfully maintained its monopoly power. According to the allegations in the lawsuit, these actions have harmed consumers by inflating prices for computers beyond what customers would have had to pay if there was fair and vigorous competition in the market.
Status of Pending Case: The Judicial Panel on Multidistrict Litigation ("MDL") ordered all related cases transferred to the District of Delaware for coordinated or consolidated pretrial proceedings. The Court entered its Memorandum and Order appointing interim lead counsel on April 18, 2006. Thereafter, pursuant to the Courtís Order, the Plaintiffs filed a Consolidated Class Action Complaint and a number of stipulations regarding coordination of discovery in the MDL action with the AMD v. Intel, 1:05-cv-441 (D.Del.) action, also pending in the District of Delaware. In July, 2007, the Court entered an Order denying Defendantís Motion to Dismiss most of the indirect purchaser claims at issue. Discovery of Defendant and numerous third parties is ongoing, and Plaintiffs' Motion for Class Certification is pending.
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This page was last updated: 2011-07-29 11:55:41