Rosen Law Firm Encourages Micron Technology Investors to Take Action

NEW YORK, Jan. 16, 2025 (GLOBE NEWSWIRE) -- Rosen Law Firm, a prominent global law firm dedicated to investor rights, has announced the initiation of a class action lawsuit for individuals who purchased common stock of Micron Technology, Inc. (NASDAQ: MU) between September 28, 2023, and December 18, 2024. This period is officially referred to as the "Class Period." If individuals wish to take on the role of lead plaintiff in this case, they must file their motion with the Court no later than March 10, 2025.

Those who bought Micron common stock during the Class Period may be eligible for compensation without incurring any upfront costs, as the arrangements are based on contingency fees.

To participate in the Micron class action, interested parties can visit this link or contact Phillip Kim, Esq., toll-free at 866-767-3653, or via email at [email protected] for more information about the class action lawsuit. It’s important to note that a class action lawsuit has already been initiated, and any potential lead plaintiff must file their paperwork by March 10, 2025. The lead plaintiff serves as a representation for the interests of other class members during the litigation process.

Rosen Law Firm emphasizes the importance of choosing experienced legal counsel, particularly firms that have demonstrated success in high-profile cases. Many firms that issue notices to potential class members may not have the same level of expertise or recognition. Rosen Law Firm has a strong track record, having represented investors globally in securities class actions and shareholder derivative lawsuits. The firm notably secured one of the largest settlements in securities class action history against a Chinese company at the time and has consistently ranked among the top firms for securities class action settlements.

According to the details of the case, the lawsuit alleges that during the Class Period, Micron's representatives shared misleading information and failed to reveal critical facts, including: (1) a significant decline in demand for Micron's consumer products, especially its NAND products, which are essential semiconductor storage devices; (2) exaggerated claims regarding the recovery and sustainability of demand for these products; and (3) the public statements made by Micron were materially false or misleading. The lawsuit claims that this misinformation led to investor losses once the truth about the company's condition became known.

For those looking to join the Micron class action, they can find more information by visiting this link or contacting Phillip Kim, Esq. toll-free at 866-767-3653 and via email at [email protected].

It is important to note that a class has not yet been certified. As a result, individuals are not represented by counsel unless they choose to retain one. Investors can select their preferred counsel or opt to remain absent from the class at this stage. An investor's opportunity to receive any potential future compensation does not rely on taking on the lead plaintiff role.

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For further inquiries, please contact:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
Email: [email protected]
Website: www.rosenlegal.com

investor, lawsuit, Micron