Advanced Micro Devices must face securities fraud lawsuit-ruling
April 01, 2015 at 15:13 PM EDT
NEW YORK, April 1 (Reuters) - U.S. chipmaker Advanced Micro Devices must face claims that it committed securities fraud by hiding problems with the 2011 launch of a new computer processor that eventually led to a $100 million writedown, a federal judge in Oakland, California, ruled.
