As a Shareholder Sues Intel for Trump Deal, Should You Be Buying, Selling, or Holding INTC Stock?

Fresh controversy has once again pulled Intel Corporation (INTC) into the spotlight. On March 12, INTC stock slid 5.7% after news broke that a shareholder had filed a lawsuit accusing the company of handing the U.S. government a 10% equity stake largely to shield itself from political pressure linked to the administration of Donald Trump.

The complaint, lodged in the Delaware Court of Chancery by shareholder Richard Paisner, characterizes the arrangement as an “unlawful contract that gives the U.S. government $11B worth of Intel stock for no meaningful consideration in response to extortionary threats by the government.”