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Rosen Law Firm Urges Micron Technology Investors to Seek Legal Counsel Before Key Deadline in Class Action

Published February 7, 2025

NEW YORK, Feb. 06, 2025 (GLOBE NEWSWIRE) -- Rosen Law Firm, recognized as a leading global investor rights law firm, has issued a reminder to all holders of common stock of Micron Technology, Inc. (NASDAQ: MU) who purchased shares between September 28, 2023, and December 18, 2024. These dates comprise the designated Class Period for a pending securities class action lawsuit.

Important Reminder: Investors are informed of the impending lead plaintiff deadline on March 10, 2025. This is a critical date for those who wish to participate actively in the lawsuit.

Implications for Investors

If you acquired Micron shares during this Class Period, you may be eligible for compensation if you join the class action, which does not require you to pay any fees upfront due to a contingency arrangement.

Next Steps for Participation

this link or contact Phillip Kim, Esq. toll-free at 866-767-3653, or via email at [email protected]. A class action lawsuit has already been initiated, and potential lead plaintiffs must file their motions in court no later than March 10, 2025. The lead plaintiff plays a significant role by representing the interests of all class members throughout the litigation.

Why Choose Rosen Law Firm?

Rosen Law Firm encourages investors to select a qualified legal team known for its success rates and experience in leading roles within securities class actions. Many firms that issue notices may lack the same level of expertise, resources, or notable accolades in the field. Several of these firms act merely as intermediaries, referring clients to attorneys who handle litigation.

Rosen Law Firm focuses on protecting investor interests worldwide, particularly in cases of securities class actions and shareholder derivative lawsuits. The firm previously secured the largest settlement from a Chinese company in a securities class action at that time and has consistently been ranked highly for its success in settlements. Since 2013, it has been recognized among the top four firms annually in terms of settlements, recovering hundreds of millions of dollars for investors, including over $438 million in 2019 alone. Furthermore, Laurence Rosen, the founding partner, was honored in 2020 by Law360 as a Titan of the Plaintiffs' Bar, and many of the firm's lawyers have received recognition from organizations such as Lawdragon and Super Lawyers.

Overview of the Case

The allegations in this class action claim that during the Class Period, Micron Technology’s executives made numerous misleading statements and failed to disclose vital information. The suit asserts: (1) there was a significant decline in demand for Micron's products in the consumer sector, particularly in its NAND products, which are essential for semiconductor storage; (2) the defendants exaggerated the demand recovery for these products; and (3) these misleading statements caused investors to suffer losses when the actual conditions affecting demand became known.

For those interested in joining the Micron class action, please refer to the aforementioned link or contact Rosen Law Firm directly.

Note: As of now, no class has been certified. Without class certification, you are not automatically represented unless you retain a lawyer. Investors are free to choose their counsel, or they can remain passive class members without taking any action. Your potential recovery does not rely on being a lead plaintiff.

For ongoing updates, follow Rosen Law Firm on LinkedIn, Twitter, or Facebook.

Please note that this notice is for attorney advertising. Past results do not ensure similar outcomes.

Contact Information

For further inquiries:
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

Rosen, Micron, lawsuit