Glancy, Prongay & Murray LLP Investigates Claims On Behalf Of Advanced Micro Devices, Inc. Investors
July 01 2015 - 2:58PM
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.
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version on businesswire.com: http://www.businesswire.com/news/home/20150701006486/en/
Glancy, Prongay & Murray LLP, Los AngelesLesley Portnoy,
310-201-9150 or
888-773-9224shareholders@glancylaw.comwww.glancylaw.com
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