#United States #New York #Class Action #Levi & Korsinsky #Micron Technology

Important Notice for Micron Investors

Levi & Korsinsky, LLP has issued a notice to inform investors in Micron Technology, Inc. (NASDAQ: MU) regarding a significant lead plaintiff deadline in an ongoing class action securities lawsuit. This deadline is specifically set for March 10, 2025, drawing attention to investors who may have been affected by potential securities fraud during a defined period from September 28, 2023, up to December 18, 2024.

Class Definition

The class action lawsuit aims to represent investors who suffered financial losses due to alleged fraudulent activities related to Micron. The complaint suggests that the company made misleading statements regarding the demand for its products, particularly its NAND products. Several claims outline that Micron’s representations about recovery in consumer markets were not accurate, emphasizing a disconnect between public statements and actual market conditions.

Investors are encouraged to follow a link to acquire further information and connect directly with Levi & Korsinsky’s team. They can also reach out to Joseph E. Levi, Esq. directly via email or phone for immediate assistance.

More Information Here

Case Details

The key allegations in the complaint assert that:
1. Demand for Micron’s products, particularly in the consumer sector, had drastically declined.
2. Defendants had exaggerated the extent of a recovery in demand for Micron’s NAND products.
3. Public disclosures from the company were materially false and misleading during the pertinent timeframe.

These points highlight potential shortcomings in Micron's communication to its investors, adversely affecting market confidence and with significant implications for stock performance.

Next Steps for Investors

If you sustained losses in Micron during the specified period, please be advised that the cutoff date to apply for the role of lead plaintiff is March 10, 2025. However, it's crucial to note that you do not need to serve as the lead plaintiff to claim a share in any potential recovery.

No Cost to Participants

It's worth emphasizing that being a class member could entitle you to compensation without any out-of-pocket expenses or obligations. Participation in the case involves no cost, making it a viable option for affected investors.

Why Choose Levi & Korsinsky?

With over two decades of experience, Levi & Korsinsky has a storied history of achieving favorable outcomes for shareholders, recovering hundreds of millions of dollars. The firm’s expertise lies in complex securities litigation, buttressed by a robust team of more than 70 professionals dedicated to client service. The firm's celebrated performance in this field has earned consistent recognition in the ISS Securities Class Action Services' Top 50 Report over the past seven years.

Contact Information

For investors who wish to act or need further information, you can contact Levi & Korsinsky's New York office:

• - Joseph E. Levi, Esq.

Ed Korsinsky, Esq.
33 Whitehall Street, 17th Floor
New York, NY 10004
Email: info@zlk.com
Phone: (212) 363-7500
Fax: (212) 363-7171
Website: www.zlk.com

Investors are urged to take proactive steps to protect their interests relating to the Micron Technology securities fraud case.