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Rosen Law Firm Warns Micron Technology Investors About Upcoming Class Action Deadline

Published February 7, 2025

NEW YORK, Feb. 06, 2025 (GLOBE NEWSWIRE) -- The Rosen Law Firm, a well-known global legal representative for investors, has issued a reminder to those who bought shares of Micron Technology, Inc. (NASDAQ: MU) between September 28, 2023, and December 18, 2024. This period is referred to as the "Class Period". The firm is highlighting an important deadline of March 10, 2025, for investors wishing to serve as lead plaintiffs in the ongoing securities class action.

Class Action Details

If you purchased common stock in Micron during the specified Class Period, you may be entitled to seek compensation without incurring any upfront legal fees or costs. This is possible through a contingency fee arrangement.

Next Steps for Investors

Rosen Law Firm's website, call Phillip Kim, Esq. toll-free at 866-767-3653, or email [email protected] for further information. A lawsuit has already been initiated. If you wish to act as the lead plaintiff, you must file a motion with the Court by March 10, 2025. The lead plaintiff will represent other affected investors in directing the case.

Choosing the Right Legal Counsel

The Rosen Law Firm urges all investors to select qualified legal counsel that has a proven track record in achieving successful outcomes in similar cases. Many firms that issue notices do not have comparable experience or resources. In fact, some of these firms merely refer clients to others for litigation, rather than actively litigating on behalf of the investors. It's essential to make informed choices when selecting legal representation.

The Rosen Law Firm focuses primarily on securities class actions and shareholder derivative lawsuits, representing clients around the globe. The firm has achieved significant milestones, including securing one of the largest settlements in a securities class action against a Chinese company. In 2017, the firm was ranked number one by ISS Securities Class Action Services for the highest number of settlements. Since 2013, it has consistently ranked in the top four firms in this field, recovering hundreds of millions for investors.

Allegations in the Lawsuit

According to the legal complaint, during the Class Period, the defendants allegedly made false and misleading statements and failed to disclose crucial information. The claims include: (1) a significant decline in demand for Micron’s products in consumer markets, especially concerning Micron's NAND products; (2) overstating the recovery of demand for Micron products during this time; and (3) creating misleading public statements regarding inventory normalization for these products. The lawsuit claims that once the truth was revealed, investors experienced losses.

For those interested in joining the Micron class action lawsuit, please visit Rosen Law Firm's website or contact Phillip Kim, Esq. directly.

Important Notice

No class has yet been certified, meaning you are not represented by counsel unless you engage one. You can choose your own counsel or decide to remain an absent class member. It’s important to know that the chance for recovery does not rely on serving as the lead plaintiff.

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Disclaimer

This announcement constitutes attorney advertising. Previous outcomes do not guarantee future results.

For inquiries, contact:

Laurence Rosen, Esq.
Phipp Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
[email protected]
www.rosenlegal.com

investors, law, securities