Bronstein, Gewirtz & Grossman LLC announces that Micron Technology, Inc. investors with significant losses have the opportunity to file a class action lawsuit against Investing.com

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New York, New York–(Newsfile Corp. – January 12, 2025) – Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, informs investors that a class action lawsuit has been filed against Micron Technology (NASDAQ:), Inc . (“Micron” or the “Company”) (NASDAQ: MU) and certain of its officers.

Class definition

This action seeks damages against the defendants for alleged violations of the federal securities laws on behalf of all persons and entities who purchased or otherwise acquired Micron securities between September 28, 2023 and December 18, 2024, both dates inclusive ( “Class Period” ). Such investors are encouraged to join the case by visiting the company’s website: bgandg.com/MU.

Details of the case

The lawsuit alleges that the defendants made materially false and misleading statements regarding the Company’s business, operations and prospects. Specifically, the complaint alleges that the defendants made false and/or misleading statements and/or failed to disclose the following: (1) demand for Micron’s products in consumer markets, particularly the Company’s NAND products, has declined significantly; (2) accordingly, Defendants overestimated the extent to which demand for Micron’s products had recovered, particularly in consumer markets and for its NAND products, and/or overestimated 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.

What’s next?

A class action lawsuit has already been filed. If you would like to review a copy of the complaint, you may visit the Company’s website: bgandg.com/MU or you may contact Peretz Bronstein, Esq. or his client relationship manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC at 332-239-2660. If you suffered a loss in Micron, you have until March 10, 2025 to request that the court appoint you as the lead plaintiff. Your ability to participate in the recovery does not require you to be the lead plaintiff.

There is no cost to you

We represent investors in contingency fee class actions. This means that we will ask the court to reimburse us for out-of-pocket costs and attorneys’ fees, usually a percentage of the total recovery, only if we are successful.

Why Bronstein, Gewirtz & Grossman

Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities class actions and shareholder derivatives. Our company has recovered hundreds of millions of dollars for investors across the country.

Advertising of lawyers. Previous results do not guarantee similar results.

To view the original version of this press release, visit https://www.newsfilecorp.com/release/236714

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