Judge tosses Intel shareholder lawsuit

A US DISTRICT COURT judge has chucked out a lawsuit that claimed Intel directors turned a blind eye to monopolistic behaviour on their watch.

Robed but not wigged one, Judge Joseph Farnan in Delaware, ruled that the lawsuit didn't offer evidence about "what the directors actually knew about the 'red flags' and how they responded to them."

Farnan said that the shareholders had produced a catalog of the ongoing investigations into Intel's alleged wrongdoing, and claimed that since the catalog was so thick that the directors had to be personally liable.

According to the AP, Farnan said that the law does not work like that and the shareholders had to present some hard evidence. µ