Micron Technology(MU) Prnewswire·2025-01-27 10:45Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Micron Technology, Inc. regarding a class action lawsuit alleging that the company made materially false and misleading statements about the demand for its products, particularly in the consumer market for NAND products [1][2]. Group 1 - The class period for the allegations is from September 28, 2023, to December 18, 2024 [1]. - Allegations include that demand for Micron's products, especially NAND products, significantly deteriorated, and the company overstated the recovery and sustainability of this demand [1]. - The lawsuit claims that Micron's public statements were materially false and misleading throughout the relevant period [1]. Group 2 - Shareholders are encouraged to register for the class action by March 10, 2025, to potentially be appointed as lead plaintiffs [2]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the case's status [2]. - Participation in the case incurs no cost or obligation for the shareholders [2]. Group 3 - The Gross Law Firm is a nationally recognized class action law firm focused on protecting investors' rights against deceit and fraud [3]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [3].