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|13th February 2018, 20:14||#1|
Join Date: May 2010
AMD sued over Spectre exploits
It should not have spoken until it was certain
AMD has been sued by a company because of the way it handled the Spectre and Meltdown bugs.
It is not exactly because of the flaws, but because of the speed at which AMD said that it was not in trouble because its chips did not suffer from the bugs.
Rosen Law Firm is a global investor rights firm, where a class action lawsuit has been kicked off on "behalf of purchasers of the securities of Advanced Micro Devices". The lawsuit details:
"Defendants during the Class Period made materially false and/or misleading statements and/or failed to disclose that: (1) a fundamental security flaw in Advanced Micro's processor chips renders them susceptible to hacking; and (2) as a result, Advanced Micro's public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages".
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