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Glancy, Prongay & Murray LLP Investigates Claims On Behalf Of Advanced Micro Devices, Inc. Investors

2015-07-01 14:58 ET - News Release


LOS ANGELES -- (Business Wire)

Glancy, Prongay & Murray LLP announces that it is investigating potential claims on behalf of investors of Advanced Micro Devices, Inc. (NASDAQ: AMD) (“AMD” or “the Company”) and whether the officers and directors complied with their legal obligations to the Company and its shareholders. AMD has been named in a class action complaint alleging the company violated the federal securities laws by issuing false and misleading statements regarding its business practices and financial results between April 4, 2011 and October 18, 2012. According to the complaint, during that time AMD allegedly made misstatements about customer demand, low product supply levels, current revenues and future guidance; and, that AMD investors were damaged upon discovery of the Company’s alleged fraud and the subsequent decline in the AMD stock price.

If you have owned AMD shares since at least April 4, 2011, if you have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley Portnoy, of Glancy, Prongay & Murray LLP, 1925 Century Park East, Suite 2100, Los Angeles, California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by e-mail to shareholders@glancylaw.com, or visit our website at http://www.glancylaw.com. If you inquire by e-mail please include your mailing address, telephone number and number of shares purchased.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Contacts:

Glancy, Prongay & Murray LLP, Los Angeles
Lesley Portnoy, 310-201-9150 or 888-773-9224
shareholders@glancylaw.com
www.glancylaw.com

Source: Glancy, Prongay & Murray LLP

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