This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

The Law Firm Of Levi & Korsinsky, LLP Announces Investigation Of Intersil Corporation

Levi & Korsinsky, LLP is investigating Intersil Corporation (“Intersil” or the “Company”) (NASDAQ: ISIL), and its Board of Directors, in connection with the Company's 2008, 2009, and 2010 compensation for its CEO and other executives. If you owned shares during this time period, you may be affected.

To get more information, click here:

At the Company’s recent annual shareholder meeting held May 4, 2011, shareholders voted “no” on Intersil’s say on pay provision. The investigation concerns whether certain senior officers and executives of Intersil were awarded salaries, bonuses, and/or other forms of compensation that were excessive or unwarranted based on the Intersil’s performance.

Specifically, Intersil’s CEO total compensation rose from $3.16 million in 2008 to $4.44 million in 2010, and the Senior Vice President and CFO’s pay rose from $427,000 in 2008 to $1.34 million in 2010. Executive pay was increased despite the Company’s substantial Net Loss of $1.026 billion in 2008 compared to a Net income of $140.48 million in 2007.

To speak directly to an attorney please contact Eduard Korsinsky, Esq. either via email at or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit

Levi & Korsinsky has expertise in protecting shareholders’ rights and prosecuting investor securities litigation. The attorneys at Levi & Korsinsky have extensive experience in litigating actions on behalf of shareholders victimized by financial fraud and represent investors throughout the nation. Levi & Korsinsky has been appointed by numerous courts throughout the country to serve as lead counsel on behalf of shareholders in major securities fraud cases. For more information, please feel free to contact any of the attorneys listed below.

Attorney advertising. Please be aware that prior results never guarantee similar future outcomes.

Copyright Business Wire 2010

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 17,813.39 +1.20 0.01%
S&P 500 2,088.87 -0.27 -0.01%
NASDAQ 5,116.1430 +13.3350 0.26%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs