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Shareholders that lost money on Micron Technology, Inc.(MU) Urged to Join Class Action - Contact The Gross Law Firm to Learn More

1. Lawsuit alleges Micron misled investors on consumer NAND demand. Allegations suggest false disclosures. 2. Complaint claims overstated product recovery and unsustainable demand. Class period spans Sept 2023 to Dec 2024. 3. Shareholders urged to join class action for possible lead plaintiff appointment. Deadline is March 10, 2025. 4. The case focuses on alleged misstatements on inventory normalization. It raises legal and reputational concerns.

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FAQ

Why Bearish?

Legal actions typically create uncertainty. Historical class action cases in tech led to short-term price declines as investor confidence waned.

How important is it?

The lawsuit's allegations may trigger immediate market reactions. Investor risks and potential recovery claims about misstatements increase uncertainty.

Why Short Term?

Litigation news affects investor sentiment quickly. Similar past cases have shown immediate volatility around legal announcements.

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NEW YORK, Feb. 24, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Micron Technology, Inc. (NASDAQ: MU). Shareholders who purchased shares of MU during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/micron-technology-inc-loss-submission-form/?id=131192&from=4 CLASS PERIOD: September 28, 2023 to December 18, 2024 ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (i) demand for Micron's products in consumer markets, especially the Company's NAND products, had significantly deteriorated; (ii) 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 (iii) as a result, the Company's public statements were materially false and misleading at all relevant times. DEADLINE: March 10, 2025 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/micron-technology-inc-loss-submission-form/?id=131192&from=4 NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of MU during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is March 10, 2025. There is no cost or obligation to you to participate in this case. WHY GROSS LAW FIRM? The Gross Law Firm is a nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes. CONTACT:The Gross Law Firm15 West 38th Street, 12th floorNew York, NY, 10018Email: [email protected]Phone: (646) 453-8903 SOURCE The Gross Law Firm

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