Dell shareholders sue over alleged Intel kickbacks
01:37 - Saturday 3 February 2007 by Humphrey Cheung
Source: Tom's Hardware – Keywords: dell, sued, intel, kickbacks Category : Miscellaneous
Source: Tom's Hardware – Keywords: dell, sued, intel, kickbacks Category : Miscellaneous
Two Dell shareholders have filed a lawsuit against Dell, Intel and several Dell CEOs for allegedly hiding payments from Intel, the world’s largest processor maker. The kickbacks were supposedly to lock Dell into using Intel processor in Dell’s computers and could have been in "billions" of dollar range.
The lawsuit names 16 defendants including current CEO and founder Michael Dell, former CEO Kevin Rollins and Intel. Rollins just recently resigned as the company’s CEO. Shareholders claim Dell executives also profited more than $3 billion dollars by trading on illegal information.
Up until last year, Dell has sold only Intel-powered computers. It recently began offering computers with processors from Advanced Micro Devices.
-
Previous News Article
Super Bowl viewing OK on big screens... -
Next News Article
The ultimate Vista gadget: A keyboard?
Ad
Google Ads
Ad
Ad
Miscellaneous Previous news
- Romania president tells Gates that piracy is good
- Nvidia facing possible lawsuit over Vista drivers
- World of Warcraft offers downloadable expansion
- Apple releases iTunes repair tool for Vista
- Viacom demands YouTube to remove 100,000 videos
- Norah Jones sets Amazon pre-order record
- How will Apple react to Vista?
- Mobile content expected to reach $150 billion by 2011
- New Motorizr to make US debut in Academy Awards gift basket
- AMD preps R600 launch with tech day event
News
Reviews
Related Content