Class Action Lawsuit Against Micron Technology Inc. Announced by Bragar Eagel & Squire, P.C.
On January 29, 2025, Bragar Eagel & Squire, P.C., a reputable law firm focused on stockholder rights, revealed that a class action lawsuit has been initiated against Micron Technology, Inc. ("Micron" or "the Company") in the United States District Court for the Southern District of Florida. This legal action is on behalf of all individuals and entities who bought or acquired Micron securities during the period from September 28, 2023, to December 18, 2024, inclusive (referred to as the "Class Period"). Those interested in being appointed as the lead plaintiff in the lawsuit have until March 10, 2025, to submit their application to the Court.
The complaint asserts that during the Class Period, the defendants allegedly made significant false and misleading statements about the Company's business operations and future prospects. Specifically, these statements included claims regarding the demand for Micron's products, particularly its NAND products, which the complaint claims had actually seen a considerable decline. Furthermore, it is alleged that the defendants overemphasized the recovery of product demand in consumer markets and the sustainability of that demand, leading to public statements that were ultimately inaccurate and misleading.
If you are someone who purchased or otherwise acquired shares of Micron and experienced a financial loss, or if you are a long-term stockholder seeking further information about these claims or your rights, you are encouraged to reach out. Interested parties may contact Brandon Walker or Marion Passmore via email at [email protected], or by phone at (212) 355-4648. There is no associated cost or obligation for these inquiries.
About Bragar Eagel & Squire, P.C.
Bragar Eagel & Squire, P.C. is a law firm recognized nationwide, with offices across New York, California, and South Carolina. The firm provides representation for individual and institutional investors in a variety of legal matters, including commercial disputes, securities issues, derivative lawsuits, and other complex cases in both state and federal courts throughout the United States. To learn more about the firm, please visit www.bespc.com. Please note that this communication is considered attorney advertising, and prior outcomes do not guarantee similar results.
Contact Information
For further assistance or to pursue participation in the lawsuit, you may use the previously mentioned contact information.
lawsuit, Micron, investors