MICRON TECHNOLOGY SHAREHOLDER ALERT: ClaimsFiler Reminds Investors with Losses in Excess of $100,000 of Lead Plaintiff Deadli...
March 01 2019 - 10:50PM
Business Wire
ClaimsFiler, a FREE shareholder information service, reminds
investors that they have until March 25, 2019 to file lead
plaintiff applications in a securities class action lawsuit against
Micron Technology, Inc. (NasdaqGS: MU), if they purchased the
Company’s shares between the expanded period of September 26, 2017
and November 19, 2018, inclusive (the “Class Period”). This action
is pending in the United States District Court for the Southern
District of New York.
Get Help
Micron investors should visit us at
https://www.claimsfiler.com/cases/view-micron-technology-inc-securities-litigation-1
or call toll-free (844) 367-9658. Lawyers at Kahn Swick & Foti,
LLC are available to discuss your legal options.
About the Lawsuit
Micron and certain of its executives are charged with failing to
disclose material information during the Class Period, violating
federal securities laws.
On May 15, 2018, the Chinese State Administration for Market
Regulation (“SAMR”) notified the Company of its investigation into
anticompetitive conduct by electronic memory microchip suppliers.
On November 19, 2018, media reports revealed that SAMR had “found
‘massive evidence’ of anti-competitive behaviour” by Micron in a
price-fixing conspiracy with Samsung Electronics and SK Hynix.
On this news, the price of Micron’s shares plummeted more than
7%.
The first-filed case is Kniffin v. Micron Technology Inc., No.
19-cv-00678.
About ClaimsFiler
ClaimsFiler has a single mission: to serve as the information
source to help retail investors recover their share of billions of
dollars from securities class action settlements. At
ClaimsFiler.com, investors can: (1) register for free to gain
access to information and settlement websites for various
securities class action cases so they can timely submit their own
claims; (2) upload their portfolio transactional data to be
notified about relevant securities cases in which they may have a
financial interest; and (3) submit inquiries to the Kahn Swick
& Foti, LLC law firm for free case evaluations.
To learn more about ClaimsFiler, visit www.claimsfiler.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20190301005507/en/
ClaimsFilerLewis Kahn,
844-367-9658https://www.claimsfiler.com
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