Micron Technology(MU) Prnewswire·2025-03-08 15:32Core 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 operations during the class period from September 28, 2023, to December 18, 2024 [1][2]. Allegations of Misconduct - The complaint 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 and sustainability of demand for its products, leading to materially false public statements throughout the class period [2]. Lead Plaintiff Process - Investors in Micron can seek to be appointed as lead plaintiffs by March 10, 2025, or remain absent class members [3]. - The lead plaintiff will represent the interests of all class members and select counsel to direct the litigation [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].