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Levi & Korsinsky Announces the Micron Lawsuit; MU Class Action

Levi & Korsinsky

March 5, 2019

NEW YORK, March 5, 2019 – Levi & Korsinsky, LLP announces a class action has commenced on behalf of all persons who purchased or otherwise acquired securities of Micron Technology Inc. (“Micron Technology”) (NASDAQGS: MU) between September 26, 2017 and November 19, 2018. You are hereby notified that the MU class action lawsuit has been commenced in the United States District Court for the Southern District of New York. To get more information about the Micron lawsuit go to: https://www.zlk.com/pslra-1/micron-technology-inc-loss-form or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

The Micron lawsuit alleges that throughout the class period Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) the Company engaged in anti-competitive behavior, including artificially restricting supply growth of DRAM; (2) these anti-competitive efforts were reasonably likely to lead to regulatory scrutiny; (3) the Company’s anti-competitive efforts artificially boosted its operating metrics; (4) as a result, the Company’s financial performance, including revenue, was overstated; and (5) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

If you suffered a loss in Micron Technology you have until March 25, 2019 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

Tel: (212) 363-7500

Toll Free: (877) 363-5972

Fax: (212) 363-7171

www.zlk.com