Advanced Micro Devices, Inc. (NYSE: AMD) Facing Issues

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Las Vegas, NV -- (SBWIRE) -- 01/30/2014 -- Advanced Micro Devices, Inc. (NYSE: AMD) was incorporated in 1969 and is based in Sunnyvale, California. The company basically focuses on operating as an international semiconductor company. Accordingly the company executes its functions in two chief segments which are Computing Solutions and Graphics.

The Levi & Korsinsky has recently announced that a class action lawsuit against the company has been started in the United States District Court for the Northern District of California, on behalf of those investors who have purchased the company’s common stock between the 27th of October, 2011 and 18th of October, 2012.

The reason behind this legal action is that the company had made materially false and misleading presentations and statements and/or covered unfavorable facts concerning Advanced Micro’s 32 nanometer “LIano” Accelerated Processing Unit microprocessor.

To find out what OTCMAGIC projects Advanced Micro Devices Inc, for both short term and long term please click here: AMD

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