AMD Llano class action lawsuit

[Mark R]

Anyone looking to claim on this?

Shareholder rights law firm Robbins Arroyo LLP announces that an investor of Advanced Micro Devices, Inc. (NYSE: AMD) has filed a federal securities fraud class action complaint in the U.S. District Court for the Northern District of California. The complaint alleges that the company and certain of its officers violated the Securities and Exchange Act of 1934 between October 27, 2011 and October 18, 2012 (the "Class Period"). Advanced Micro is a semiconductor company that designs, develops, and sells microprocessor products.

http://www.prnewswire.com/news-rele...-to-a-newly-filed-class-action-241907631.html

The lawsuit claims that AMD told shareholders of high demand and high selling prices of Llano APUs, whereas the demand was actually very poor resulting in serious financial losses

 

[AnandThenMan]

http://forums.anandtech.com/showthread.php?t=2364423

 

[Markfw]

LOcking since this is a duplicate