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Kessler Topaz Meltzer & Check, LLP Notifies Micron Technology, Inc. Investors of Upcoming Deadline in Securities Fraud Class Action Lawsuit

1. A class action lawsuit has been filed against Micron Technology, Inc. 2. Allegations include misleading statements about demand for Micron's NAND products. 3. Plaintiffs claim demand and inventory normalization were overstated by the company. 4. Investors can seek lead plaintiff status by March 10, 2025. 5. Kessler Topaz Meltzer & Check encourage affected investors to join the lawsuit.

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Why Bearish?

The lawsuit and allegations could harm investor confidence and MU's stock price, similar to past cases where companies faced similar lawsuits and saw price declines.

How important is it?

The lawsuit's implications and potential damages could significantly affect Micron's reputation and stock performance.

Why Short Term?

The immediate filing of a lawsuit typically causes volatility and a negative price reaction, often seen in previous cases within the tech industry.

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MU
RADNOR, Pa., Feb. 6, 2025 /PRNewswire/ -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com)  informs investors that a securities class action lawsuit has been filed against Micron Technology, Inc. ("Micron") (NASDAQ: MU) on behalf of those who purchased or otherwise acquired Micron common stock between September 28, 2023, and December 18, 2024, inclusive (the "Class Period"). The lead plaintiff deadline is March 10, 2025. CONTACT KESSLER TOPAZ MELTZER & CHECK, LLP: If you suffered Micron losses, you may CLICK HERE or copy and paste the following link into your browser: https://www.ktmc.com/new-cases/micron-technology-inc?utm_source=PR&utm_medium=link&utm_campaign=mu&mktm=r You can also contact attorney Jonathan Naji, Esq. by calling (484) 270-1453 or by email at [email protected]. DEFENDANTS' ALLEGED MISCONDUCT:The complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements regarding the company's business, operations, and prospects. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (1) demand for Micron's products in consumer markets, especially the company's NAND products, had significantly deteriorated; (2) accordingly, Defendants had overstated the extent to which demand for Micron's products had recovered, particularly in consumer markets and for its NAND products, and/or had overstated the sustainability of demand for such products, as well as the normalization of inventory for such products; and (3) as a result, the company's public statements were materially false and misleading at all relevant times. THE LEAD PLAINTIFF PROCESS:Micron investors may, no later than March 10, 2025, seek to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP or other counsel, or may choose to do nothing and remain an absent class member. A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation.  The lead plaintiff is usually the investor or small group of investors who have the largest financial interest and who are also adequate and typical of the proposed class of investors. The lead plaintiff selects counsel to represent the lead plaintiff and the class and these attorneys, if approved by the court, are lead or class counsel. Your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff. Kessler Topaz Meltzer & Check, LLP encourages Micron investors who have suffered significant losses to contact the firm directly to acquire more information. CLICK HERE TO SIGN UP FOR THE CASE OR GO TO: https://www.ktmc.com/new-cases/micron-technology-inc?utm_source=PR&utm_medium=link&utm_campaign=mu&mktm=r ABOUT KESSLER TOPAZ MELTZER & CHECK, LLP:Kessler Topaz Meltzer & Check, LLP prosecutes class actions in state and federal courts throughout the country and around the world.  The firm has developed a global reputation for excellence and has recovered billions of dollars for victims of fraud and other corporate misconduct. All of our work is driven by a common goal: to protect investors, consumers, employees and others from fraud, abuse, misconduct and negligence by businesses and fiduciaries. The complaint in this action was not filed by Kessler Topaz Meltzer & Check, LLP. For more information about Kessler Topaz Meltzer & Check, LLP please visit www.ktmc.com. CONTACT:Kessler Topaz Meltzer & Check, LLPJonathan Naji, Esq.(484) 270-1453280 King of Prussia RoadRadnor, PA 19087[email protected] May be considered attorney advertising in certain jurisdictions.  Past results do not guarantee future outcomes. SOURCE Kessler Topaz Meltzer & Check, LLP

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