A class-action lawsuit filed on behalf of two institutional investors claims that computer manufacturer Dell Inc. inflated its profits with secret payments of about $1 billion a year from chip maker Intel Corp.

The lawsuit, filed by the class-action firm of lawsuit firm of Lerach, Coughlin, Stoia, Geller, Rudman & Robbins LLP, named Dell and 16 current and former officials; Intel; and Dell's accounting firm, PricewaterhouseCoopers, as defendants.

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