AMD investors will get their day in court over Llano APUs
by from Techreport on (#22Q06)
The topic of AMD stock has made the news, though not necessarily in the best of ways. AMD stockholders have started a lawsuit against the company and a group of its executives over the demise of Llano APUs. The court allowed the complaint to proceed as a class action lawsuit.
The lawsuit claims that AMD leaders, 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. The ...