#USA #New York #Class Action #Levi & Korsinsky #Micron Technology

Micron Technology, Inc. Investors: Join the Class Action Suit Against Alleged Securities Fraud

On March 4, 2025, Levi & Korsinsky, LLP, a prominent law firm, alerted investors of Micron Technology, Inc. (NASDAQ: MU) about an opportunity to join a class action lawsuit seeking recovery for losses incurred due to alleged securities fraud. This legal action targets individuals who suffered losses resulting from misleading statements made by the company between September 28, 2023, and December 18, 2024.

What Happened?

The class action lawsuit asserts that Micron provided false information and concealed critical facts regarding the demand for its NAND products. The lawsuit claims that demand for these products significantly deteriorated, and thus, the public statements made by the company were misleading. This misrepresentation affected investors and obscured the true financial standing of the company.

Allegations Against Micron

According to the filed complaint:

• - Micron overstated the recovery of product demand, particularly in its consumer markets.
• - The company misrepresented the sustainability of its NAND products and the normalization of inventory.
• - As a result of these misleading statements, Micron’s disclosures were materially false and misleading during the specified timeline.

These allegations raise serious concerns about the integrity of the information provided to investors and the overall transparency of the company's operations. As Micron's investors are now facing potential financial losses, taking legal action may be a pathway to seek restitution of their investments.

Important Dates and Participation

Investors who experienced losses during the aforementioned period should act before March 10, 2025, to request their appointment as lead plaintiff in the class action lawsuit. It's important to note that participation in the lawsuit does not necessitate serving as a lead plaintiff to be eligible for recovery.

Key Details on Participation

• - No Out-of-Pocket Costs: Investors can pursue this lawsuit without incurring any out-of-pocket expenses. Levi & Korsinsky will cover all related costs, and participants may receive compensation if the court rules in favor of the plaintiffs.
• - Contact Information: To learn more about the lawsuit or begin the participation process, contact Joseph E. Levi, Esq. via email at [email protected] or telephone at (212) 363-7500.

Why Choose Levi & Korsinsky?

For over two decades, Levi & Korsinsky has earned a stellar reputation representing shareholders in complex securities litigation. The firm has successfully secured hundreds of millions of dollars in compensation for aggrieved investors. With a dedicated team of over 70 professionals, Levi & Korsinsky stands out as one of the leading securities litigation firms in the United States, consistently ranked among the top firms by ISS Securities Class Action Services.

Investors affected by Micron Technology's alleged fraud have a unique opportunity to recover their losses through this class action. Whether you’re a seasoned investor or new to the field, you may want to consider joining this important legal initiative to reclaim what is rightfully yours. Remember – the deadline to take action is fast approaching, so be sure to reach out for guidance today!

For complete details and updates regarding this lawsuit, you can also visit this link for more information.