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.
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