MU INVESTOR ALERT: Class Action Lawsuit Filed Against Micron Technology, Inc.

On January 12, 2025, Bronstein, Gewirtz & Grossman, LLC, a well-known law firm, announced that a class action lawsuit has been filed against Micron Technology, Inc. ("Micron" or "the Company") and some of its executives. This legal action is designed to address concerns regarding the company's stock performance and certain statements made by its leaders.

Class Definition

This lawsuit aims to represent all individuals and entities that purchased or otherwise acquired securities of Micron during the period from September 28, 2023, to December 18, 2024. This timeframe is referred to as the "Class Period." Investors who have experienced substantial losses during this period are encouraged to participate in the case by visiting the firm’s website: bgandg.com/MU.

Allegations Against Defendants

The complaint alleges that the defendants made significant false and misleading statements regarding Micron’s business and prospects. It claims that the defendants did not disclose or misstated the following key issues: (1) there was a notable decline in demand for Micron’s products in consumer markets, particularly for their NAND products; (2) the defendants exaggerated the recovery of demand for these products, and (3) therefore, all public statements made by the company were misleading at various times.

Next Steps for Investors

A class action lawsuit has been initiated, and interested investors can review details of the complaint by visiting the firm’s website: bgandg.com/MU. For further inquiries, investors may contact Peretz Bronstein, Esq. or Nathan Miller at Bronstein, Gewirtz & Grossman by calling 332-239-2660. Those who suffered losses in Micron stock have until March 10, 2025, to request to be appointed as lead plaintiff. Participating in the recovery does not require serving as lead plaintiff, however.

No Financial Risk

Bronstein, Gewirtz & Grossman, LLC operates on a contingency fee basis for class action cases, meaning that they will only receive reimbursement for their expenses and fees if they win the case.

About the Law Firm

Bronstein, Gewirtz & Grossman, LLC is a recognized firm in the field of securities fraud class actions and shareholder derivative lawsuits, having recovered hundreds of millions of dollars for clients across the nation.

For updates, follow the firm on their social media channels including LinkedIn, X, Facebook, or Instagram.

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Contact Information

For more information, contact Bronstein, Gewirtz & Grossman, LLC:
Peretz Bronstein or Nathan Miller
332-239-2660
Email: [email protected]

lawsuit, Micron, investors