Investors in Micron Technology, Inc. urged to join class action lawsuit

NEW YORK, Jan. 30, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP has announced that it is notifying investors in Micron Technology, Inc. ("Micron" or the "Company") regarding a class action securities lawsuit.

CLASS DEFINITION: This lawsuit aims to recover funds for Micron investors who might have suffered losses due to alleged securities fraud occurring between September 28, 2023, and December 18, 2024. Investors who are interested in obtaining additional information can follow the link below to be contacted by a member of the legal team:

Class Action Submission Form

Contact Information: Investors holding shares of MU can also directly reach out to Joseph E. Levi, Esq. via email at [email protected] or call (212) 363-7500.

CASE DETAILS: The complaint that has been filed outlines that the defendants supposedly made misleading statements or hid crucial information. Specific allegations include: (i) a significant decline in the demand for Micron's products, particularly in consumer markets and other segments including the Company's NAND products; (ii) a misrepresentation of the extent to which demand for Micron's products had recovered, particularly in the consumer market; (iii) overstating the sustainability of demand and the normalization of inventory for these products. Consequently, the Company’s public declarations were materially false and misleading throughout the relevant time periods.

WHAT'S NEXT? If you believe you have incurred losses related to Micron during the specified timeframe, you have the opportunity until March 10, 2025 to request that the Court designate you as the lead plaintiff. However, it is essential to note that you do not need to be a lead plaintiff to participate in any potential recovery.

NO COST TO YOU: As a member of the class, you may be eligible for compensation without having to incur any personal costs or fees. There is no financial obligation to participate.

WHY LEVI & KORSINSKY? With over 20 years of experience, Levi & Korsinsky has successfully recovered hundreds of millions of dollars for aggrieved shareholders. The firm has an established reputation in complex securities litigation, backed by a team of over 70 qualified professionals serving its clients. The firm has consistently been recognized, ranking in ISS Securities Class Action Services' Top 50 Report as one of the leading securities litigation firms in the United States for seven consecutive years.

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

Ed Korsinsky, Esq.

33 Whitehall Street, 17th Floor

New York, NY 10004

Email: [email protected]

Phone: (212) 363-7500

Fax: (212) 363-7171

Website: www.zlk.com

Micron, lawsuit, investment