Lawsuit Overview - Levi & Korsinsky, LLP has notified investors of a class action securities lawsuit against Micron Technology, Inc (NASDAQ: MU) [1] - The lawsuit aims to recover losses for Micron investors affected by alleged securities fraud between September 28, 2023 and December 18, 2024 [1] Allegations - Defendants allegedly made false statements and/or concealed that demand for Micron's products, especially NAND products in consumer markets, had significantly deteriorated [2] - Defendants allegedly overstated the recovery and sustainability of demand for Micron's products, particularly in consumer markets and for NAND products, as well as the normalization of inventory for such products [2] - As a result, the Company's public statements were allegedly materially false and misleading at all relevant times [2] Next Steps for Investors - Investors who suffered losses in Micron during the relevant time frame have until March 10, 2025 to request the Court appoint them as lead plaintiff [3] - Class members may be entitled to compensation without payment of any out-of-pocket costs or fees, with no cost or obligation to participate [3] About Levi & Korsinsky - Over the past 20 years, Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases [4] - The firm has extensive expertise in representing investors in complex securities litigation and a team of over 70 employees [4] - Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States for seven consecutive years [4]
Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of March 10, 2025 in Micron Lawsuit - MU