News Burst: AMD and CEO sued for fraud

Advanced Micro Devices Inc. and its chief executive Jerry Sanders have been socked with a class action lawsuit by Milberg Weiss Bershad Hynes & Lerach, a San Diego law firm that often figures in lawsuits against technology companies whose stock prices sharply fluctuate.

Advanced Micro Devices Inc. and its chief executive Jerry Sanders have been socked with a class action lawsuit by Milberg Weiss Bershad Hynes & Lerach, a San Diego law firm that often figures in lawsuits against technology companies whose stock prices sharply fluctuate. The lawsuit cites the chipmaker with unspecified fraud violations.

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