MILWAUKEE, Oct. 25, 2018 /PRNewswire/ -- Ademi & O'Reilly, LLP announces an investigation of Advanced Micro Devices Inc. (AMD) for possible violations of securities laws.
If you lost money on your AMD investment, you are encouraged to contact us at: http://ademilaw.com/case/amd or call Guri Ademi toll-free at 866-264-3995. There is no cost or obligation to you.
The investigation focuses on whether AMD made false and misleading statements in the past few months about its financial prospects related to graphics processing unit (GPU) sales. It appears that AMD's sales to cryptocurrency miners were much more significant than AMD had represented. AMD's earlier representations have inflated AMD shares and now AMD is announcing that GPU sales to cryptocurrency miners have slowed dramatically and that AMD is experiencing elevated inventories in its GPU channel.
Ademi & O'Reilly, LLP specializes in protecting investor rights throughout the country. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes.
Ademi & O'Reilly, LLP
Toll Free: (866) 264-3995
Fax: (414) 482-8001
SOURCE Ademi & O'Reilly, LLP