MU Investor Alert: A Securities Fraud Class Action Lawsuit Has Been Filed Against Micron Technology, Inc. (MU)

Core Viewpoint - A securities class action lawsuit has been filed against Micron Technology, Inc. for allegedly making materially false and misleading statements regarding its business and product demand during the specified Class Period from September 28, 2023, to December 18, 2024 [1][2]. Group 1: Allegations Against Micron - The lawsuit claims that Micron's management overstated the demand for its products, particularly in consumer markets and for NAND products, which had significantly deteriorated [2]. - It is alleged that the company misrepresented the recovery of demand and the normalization of inventory levels for its products, leading to materially false public statements [2]. Group 2: Lead Plaintiff Process - Investors in Micron have until March 10, 2025, to seek appointment as a lead plaintiff, representing the interests of the class in the litigation [3]. - The lead plaintiff is typically the investor or group of investors with the largest financial interest in the case and is responsible for selecting legal counsel for the class [3]. Group 3: Firm Background - Kessler Topaz Meltzer & Check, LLP is known for prosecuting class actions and has a reputation for recovering billions for victims of corporate misconduct [4].