A derivative lawsuit, such as a similar claim filed in June, is brought by investors on behalf of the company, which receives any damages awarded as a result of the litigation. ... The complaint [PDF], filed in federal court in San Jose, California, accuses two corporate officers – former CEO Pat Gelsinger and interim co-CEO/CFO David Zinsner – and various board members of violating securities law and their fiduciary duties, unjust enrichment and wasting corporate assets.
An interesting state of affairs. I can't imagine this going very far, but then again, I have no knowledge the relevant legal nuances.