Business

Micron Technology, Inc. (NASDAQ: MU) Investor Lawsuit alleges False and Misleading Statements

Press Release

An investor, who purchased shares of Micron Technology, Inc. (NASDAQ: MU), filed a lawsuit in the U.S. District Court for the Southern District of New York over alleged violations of Federal Securities Laws by Micron Technology, Inc.

Investors in shares of Micron Technology, Inc. (NASDAQ: MU) have certain options and for certain investors are short and strict deadlines running. Deadline: March 25, 2019. NASDAQ: MU investors should contact the Shareholders Foundation at [email protected] or call +1(858) 779 – 1554.

According to the complaint the plaintiff alleges on behalf of purchasers of Micron Technology, Inc. (NASDAQ: MU) common shares between June 22, 2018 and November 19, 2018, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between June 22, 2018 and November 19, 2018, the defendants made false and/or misleading statements and/or failed to disclose that the Chinese State Administration for Market Regulation notified Micron it was investigating dynamic random-access memory (“DRAM”) chip providers in China for potential collusion and other anti-competitive conduct, that Chinese investigators had found “massive evidence” of Micron’s anti-competitive behavior, that Micron had engaged in a price-fixing conspiracy with Samsung Electronics and SK Hynix, and that as a result, Micron’s public statements were materially false and misleading at all relevant times.

Those who purchased shares of Micron Technology, Inc. (NASDAQ: MU) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North – Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
[email protected]

About:
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.