“A new investor lawsuit against Dell accuses the computer maker of improperly accounting for hundreds of millions of dollars in payments from long-time partner Intel, a plaintiffs’ attorney said on Friday. The lawsuit accuses Dell of artificially inflating profits “by secretly receiving approximately $250 million a quarter in likely illegal rebate kickbacks payments” from Intel in return for an exclusive deal to purchase Intel’s microprocessors, class-action lawyer William Lerach told Reuters.
Dell Faces Investor Lawsuit Over Intel Pact
Submitted by Governa 2007-02-04 Legal 5 Comments
..that’ll play right into the hands of AMD’s lawyers.
I’m amazed it took this long.