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Hatamian et al v. Advanced Micro Devices, Inc. et al
Case Number:
4:14-cv-00226
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August 25, 2017
AMD Inks $29.5M Investor Deal Over Bungled Chip Launch
Advanced Micro Devices Inc. will pay $29.5 million through its insurance companies to a class of investors who alleged that the chipmaker hid information about a new device's demand, according to a joint notice of settlement filed in California federal court Friday.
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March 16, 2016
AMD Investors Win Cert. In Suit Over Bungled Chip Launch
Advanced Micro Devices Inc. will have to face a class of investors alleging the chipmaker hid information about a new device's demand, according to a California federal judge's ruling Wednesday rejecting the company's contention that the stock price was unaffected by its statements.
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September 08, 2015
AMD Investors Seek Cert. In Suit Over Bungled Chip Launch
Investors claiming chipmaker Advanced Micro Devices Inc. botched the launch of a new chip by concealing low yields have asked a California federal judge to grant them class certification, saying all class members relied on misstatements by company executives.
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April 01, 2015
AMD Can't Escape Securities Suit Over Chip Launch
A California federal judge refused Tuesday to dismiss allegations that chipmaker Advanced Micro Devices Inc. concealed catastrophically low yields of a vaunted new chip, saying the class of investor plaintiffs made a "strongly persuasive" case for all of its claims — even bad faith by company executives.
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October 28, 2014
AMD Says Class Fails To Link Stock Drop To Chip Woes
Advanced Micro Devices Inc. urged a California federal judge to chuck a proposed securities class action over the bungled launch of its Llano chip, arguing Tuesday that the plaintiffs lack proof AMD's statements about chip supply were false or led to a drop in stock values.