Short Take: Another AMD suit

Barrack, Rodos & Bacine has joined other law firms in suing Advanced Micro Devices. The complaint alleges that between October 6, 1998 and March 8, 1999, AMD executives mislead investors about AMD's operations and prospects before telling investors on March 8, 1999 that production problems that wold result in a "significant loss" for the first quarter of 1999. The firm seeks to recover damages on behalf of all purchasers of AMD publicly traded securities during the specified period.

Jan. 2, 2002 4:43 p.m. PT

has joined other law firms in suing Advanced Micro Devices. The complaint alleges that between October 6, 1998 and March 8, 1999, AMD executives mislead investors about AMD's operations and prospects before telling investors on March 8, 1999 that production problems that wold result in a "significant loss" for the first quarter of 1999. The firm seeks to recover damages on behalf of all purchasers of AMD publicly traded securities during the specified period.