Shareholders that lost money on Micron Technology, Inc.(MU) should contact The Gross Law Firm about pending Class Action - MU

Core 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: Allegations - The complaint claims that during the class period from September 28, 2023, to December 18, 2024, Micron's management failed to disclose a significant deterioration in demand for its products, especially NAND products [1]. - It is alleged that the company overstated the recovery of demand for its products and the sustainability of that demand, leading to misleading public statements [1]. - The lawsuit asserts that these misleading statements resulted in an artificial inflation of Micron's stock price [3]. Group 2: Class Action Details - Shareholders who purchased shares of Micron during the specified class period are encouraged to register for the class action, with a deadline set for March 10, 2025 [2]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the status of the case [2]. - There is no cost or obligation for shareholders to participate in this class action [2].