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Hamilton v. Barnes et al
Case Number:
4:15-cv-01890
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April 07, 2021
Judge Dismisses AMD Stock-Drop Suit For Good
A California federal judge has tossed a shareholder action alleging that officers and directors of Advanced Micro Devices Inc. deliberately misled investors about a new accelerated processing unit, finding the allegations are precluded by a state court ruling in a parallel suit.
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August 24, 2018
Shareholder Suits Over AMD Stock Drop Dismissed, For Now
A California federal judge Friday dismissed for now two related shareholder actions against officers and directors of Advanced Micro Devices Inc., finding no basis that the semiconductor company's brass deliberately misled investors about a new accelerated processing unit touted as "the next generation of computing" that ultimately didn't deliver.