claims of investors about AMD Llano will be considered in court

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POSTER: computer news   ||   CLAIMS OF INVESTORS ABOUT AMD LLANO WILL BE CONSIDERED IN COURT	DATE:2015-04-02
In the third quarter  2012, AMD was forced to admit that the unclaimed stocks of hybrid processors Llano were at $ 100 million., And it angered a number of investors .  According to them, it is a distortion of information about the true situation with the release of Llano processors in 2012 led to a decline in share prices of almost by 75%.  Those investors that bought the securities of the company during the period from April 2011 to October 2012, suffered significant losses, and with the support of the American  are ready to defend their interests in court. As reported by Reuters, the District Court of California ruled that the suit investors to AMD can be considered by the relevant authorities.  This does not in any way an admission of guilt AMD, a lawsuit against the company itself moved at one point, and to consider the claims of investors court can in a separate meeting.  In fact, the company is accused  that it concealed the existence of production problems with the release of  Llano processors, delayed their entry into the market, and then overestimated the extent of demand and was forced to write off the excess.  Investors also suffered major losses due to the depreciation of the company's shares during 2012.  Not the fact, of course, that the decline was mainly due to the concealment of the truth about Llano - from AMD in 2012 enough problems that could affect the stock price.  Among those who suffered from the devaluation of securities AMD, referred to foreign management companies and pension fund Teachers Arkansas.  The date of the next hearing of the case will be reported separately. Related Products :

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