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AMD investors allowed class action over Llano AMD investors allowed class action over Llano
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AMD investors allowed class action over Llano
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Old 29th November 2016, 05:43   #1
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Default AMD investors allowed class action over Llano

This could get messy

A US court has allowed AMD investors to carry out a class action against the company over its Llano antics.

The lawsuit claims that AMD bosses, including Rory Read and Lisa Su, made "false and misleading statements to investors about the manufacturing and subsequent launch of, as well as the demand for, its Llano microprocessor" back in 2011 and 2012. Their case claims that AMD and its management violated the Securities Exchange Act.
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