Important Information for Micron Technology, Inc. (MU) Investors: Rosen Law Firm Announces Class Action Lawsuit and Lead Plaintiff Deadline
New York, NY, February 21, 2025 – Rosen Law Firm, a global investor rights law firm, reminds purchasers of Micron Technology, Inc. (MU) common stock between September 28, 2023 and December 18, 2024, both dates inclusive (the “Class Period”), of the important March 10, 2025 lead plaintiff deadline. The lawsuit seeks to recover damages for Micron investors under the Securities Exchange Act of 1934.
Background on the Class Action Lawsuit
The complaint alleges that Micron and certain of its top executives made false and misleading statements and failed to disclose material information during the Class Period, violating the Securities Exchange Act of 1934. Specifically, the complaint alleges that defendants made false and/or misleading statements and/or failed to disclose:
- That the company was experiencing supply chain disruptions and that demand for its products was weakening;
- That the company was experiencing higher than anticipated costs related to the production of its DRAM and NAND products;
- That the company’s financial results for the third quarter of 2024 would be negatively impacted;
- That the company’s gross margin and earnings per share for the third quarter of 2024 would be lower than previously guided.
Impact on Individual Investors
If you purchased common stock of Micron Technology, Inc. during the Class Period and suffered a loss, you may be eligible to act as a lead plaintiff in the Micron class action lawsuit. As a lead plaintiff, you may have certain legal rights and could potentially receive a larger share of any recovery. If you wish to join the lawsuit, please contact Rosen Law Firm by calling Phillip Kim, Esq. or Danielle Campana at 866-767-3653 or by emailing [email protected] or [email protected]. You may also visit the firm’s website for more information on the class action lawsuit.
Impact on the World
The Micron Technology class action lawsuit is significant for several reasons. First, it highlights the importance of accurate and transparent financial reporting. Companies have a responsibility to provide investors with accurate and timely information, and failure to do so can result in significant financial harm to investors. Second, it underscores the importance of the securities laws and the role they play in protecting investors. The Securities Exchange Act of 1934 provides a vital framework for holding companies accountable for misrepresentations and omissions. Finally, the Micron case underscores the importance of investor advocacy and the role that law firms like Rosen Law Firm play in pursuing justice for investors.
Conclusion
If you purchased Micron Technology, Inc. common stock during the Class Period and believe that you have suffered a loss as a result of the alleged misrepresentations and omissions by the company and its executives, you may be eligible to join the Micron Technology class action lawsuit. Rosen Law Firm encourages investors to contact the firm to discuss their potential legal rights and options. The firm represents investors throughout the securities litigation process, from filing the initial complaint through trial and settlement.
The securities laws protect investors, and Rosen Law Firm is dedicated to ensuring that companies comply with these laws. If you have any questions about this notice or the Micron Technology class action lawsuit, please contact Phillip Kim, Esq. or Danielle Campana at 866-767-3653 or email [email protected] or [email protected]. For more information on the class action lawsuit, please visit www.rosenlegal.com.
