Intel is currently getting hit with 32 Class Action Lawsuits in relation to the Meltdown and Spectre vulnerabilities. If you don’t remember, these two vulnerabilities were discovered back in January 2018 and had affected many PCs.
According to the SEC filing as of February 2018, Intel is currently facing 32 class action lawsuits related to Meltdown and Spectre. According to the filing, the suits claim users were “harmed by Intel’s actions and/or omissions” related to the flaws and are seeking monetary damage.
As of February 15, 2018, 30 customer class action lawsuits and two securities class action lawsuits have been filed. The customer class action plaintiffs, who purport to represent various classes of end users of our products, generally claim to have been harmed by Intel’s actions and/or omissions in connection with the security vulnerabilities and assert a variety of common law and statutory claims seeking monetary damages and equitable relief.
If this wasn’t enough, three shareholders have filed a separate case against the Intel’s board.
The complaints allege that the defendants breached their duties to Intel in connection with the disclosure of the security vulnerabilities and the failure to take action in relation to alleged insider trading.
Intel has also said that the company is rather certain that they might face more lawsuits in the coming days. Both Spectre and Meltdown vulnerabilities did a lot of damage to Intel’s image and have caused many problems to countless people worldwide. Intel did release a patch to fix the issue but it caused unexpected reboots resulting in Microsoft sending a patch to disable Intel’s patch.
Popular companies like HP and Lenovo shared patch for the vulnerabilities. You can check out our previous article to see the list of patches from different companies.