DENVER, Aug. 11, 2006 (PRIMEZONE) -- The law firm of Dyer & Shuman, LLP (www.dyershuman.com) today encouraged persons who currently own the common stock of Applied Micro Circuits (Nasdaq:AMCC) to contact Jeffrey A. Berens of Dyer & Shuman, LLP at 1-800-711-6483 or via email at jberens@dyershuman.com, concerning their rights and interests regarding alleged stock option backdating at the Company.
Dyer & Shuman, LLP is investigating allegations concerning improper backdating of Applied Micro Circuits stock options granted to Company officers. On June 12, 2006, the Company announced that the Securities and Exchange Commission had launched an informal inquiry into its past stock option grants.
For a free consultation regarding your rights and interests with respect to your Applied Micro Circuits stockholdings, you may contact Jeffrey A. Berens of Dyer & Shuman, LLP at 1-800-711-6483, or via email at jberens@dyershuman.com.
Dyer & Shuman, LLP has extensive experience in prosecuting shareholder litigation and has played significant roles in securities actions throughout the nation, resulting in substantial recoveries to investors. For more information about Dyer & Shuman, LLP go to www.dyershuman.com.
More information on this and other class actions can be found on the Class Action Newsline at www.primezone.com/ca