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.
View source version on businesswire.com: http://www.businesswire.com/news/home/20150701006486/en/
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
© 2024 Canjex Publishing Ltd. All rights reserved.