#United States #New York #Class Action #Gross Law Firm #Micron Technology

Micron Technology, Inc. Shareholder Lawsuit Notification

In a significant update for investors, The Gross Law Firm has officially notified shareholders of Micron Technology, Inc. (NASDAQ: MU) regarding an ongoing class action lawsuit that could potentially affect their investments. Shareholders who purchased stock in Micron between September 28, 2023, and December 18, 2024, are particularly urged to take action and consider their options concerning this legal matter.

Overview of the Class Action Allegations

The lawsuit alleges that during the specified class period, Micron Technology made several misleading statements about the demand for its products, especially in the NAND sector. It is claimed that substantial deterioration in consumer demand was not properly disclosed, leading to the inflation of Micron's stock value based on inaccurate reporting of recovery and sustainability of demand.

Key allegations include:

• - False Statements: The defendants purportedly issued materially misleading statements regarding the recovery of demand for Micron's NAND products.
• - Concealed Information: There was an alleged failure to disclose significant declines in product demand, which resulted in inflated stock valuations.
• - Misleading Reports: Public statements made by Micron about the normalization of stock inventory and other positive outlooks for the company were reportedly false.

Action Required by Shareholders

The Gross Law Firm has set a critical deadline for shareholders wishing to join the lawsuit. Interested parties must register no later than March 10, 2025. It is crucial for shareholders to act promptly to protect their interests.

Registering for the Class Action

Shareholders can begin the registration process by visiting the Gross Law Firm's dedicated webpage for this class action. Once registered, participants will receive updates and be monitored through the lifecycle of the case via portfolio monitoring software provided by the firm. Importantly, joining the class does not require an appointment as a lead plaintiff, although registering is essential to participate in any recovery.

Why Choose The Gross Law Firm?

The Gross Law Firm is a nationally recognized entity dedicated to advocating for the rights of investors. Their commitment centers around combating fraud and ensuring that businesses adhere to ethical practices. With a dedicated focus on investor rights, the firm aims to assist those investors who have been adversely affected by corporate misconduct.

Shareholders are encouraged to approach their services as they navigate this complex legal situation. No costs or obligations are required from shareholders wishing to participate in the lawsuit, making this an accessible option for gaining recourse.

Contact Information

For more information, shareholders can reach out to The Gross Law Firm at:

• - Email: info@grosslawfirm.com
• - Phone: (646) 453-8903
• - Address: 15 West 38th Street, 12th floor, New York, NY, 10018

In summary, shares in Micron Technology, Inc. have been the subject of scrutiny due to alleged deceptive practices that have led to investor losses. As the legal process unfolds, affected shareholders are encouraged to explore their options diligently and stay informed about the developments of this class action lawsuit.