Summary
Intel Corporation (INTC) filed an 8-K on December 16, 2009, to disclose information regarding a lawsuit filed against the company by the Federal Trade Commission (FTC). The FTC alleges anticompetitive practices by Intel. This filing is primarily to furnish the company's press release responding to these allegations, which is attached as Exhibit 99.1. Investors should note that this filing is for Regulation FD disclosure purposes and is not being treated as 'filed' for other purposes under the Securities Exchange Act of 1934.
Key Highlights
- 1Intel is responding to a lawsuit filed by the Federal Trade Commission (FTC).
- 2The FTC's allegations concern anticompetitive practices by Intel.
- 3The company issued a press release on December 16, 2009, addressing the FTC's suit.
- 4This press release is furnished as an exhibit (Exhibit 99.1) to the 8-K filing.
- 5The filing is made under Item 7.01 (Regulation FD Disclosure).
- 6Information in this report is not treated as 'filed' for purposes of the Securities Exchange Act of 1934.
- 7This 8-K serves to publicly disseminate Intel's statement regarding the FTC's legal action.
Frequently Asked Questions
This 8-K filing is primarily to disclose Intel's response, via a press release, to a lawsuit filed by the Federal Trade Commission (FTC) alleging anticompetitive practices.
The FTC alleges that Intel has engaged in anticompetitive practices. The specifics would be detailed in the furnished press release (Exhibit 99.1).
This filing is a disclosure of Intel's press release. The press release itself would contain Intel's position and defense against the FTC's allegations. The 8-K itself does not contain Intel's admission or denial of guilt.
This specific 8-K filing is for Regulation FD disclosure and does not include updated financial statements. While the lawsuit itself could have future financial implications, this particular report's purpose is to inform the public about the event and Intel's initial response.