Data News > Micron Technology Faces Multiple Class Action Lawsuits from Investors

Micron Technology Faces Multiple Class Action Lawsuits from Investors

By KlickAnalytics Data Insights  |   January 10, 2025 08:05PM ET

Key Points

- Levi & Korsinsky, Pomerantz Law Firm, Gainey McKenna & Egleston, Bernstein Liebhard LLP, and Bronstein, Gewirtz and Grossman, LLC have all announced class action lawsuits against Micron Technology, Inc.
- The lawsuits are on behalf of investors who purchased or acquired Micron securities between September 28, 2023, and December 18, 2024.
- Defendants are alleged to have violated federal securities laws during this period.
- Investors who suffered losses are encouraged to seek potential recovery under the federal securities laws.
- Micron Technology is not the only tech stock facing scrutiny, with NVIDIA, Logitech International, and Uber Technologies also in focus.

Multiple law firms have initiated class action lawsuits against Micron Technology, Inc., following allegations of violations of federal securities laws. The lead plaintiff deadline for the pending class action lawsuits is March 10, 2025, prompting investors who suffered losses during a certain period to seek potential recovery under the federal securities laws.

Pomerantz Law Firm, Gainey McKenna & Egleston, Bernstein Liebhard LLP, and Bronstein, Gewirtz and Grossman, LLC have all filed lawsuits against Micron Technology, Inc., and certain officers. The lawsuits, docketed under various case numbers, cover investors who purchased or otherwise acquired Micron common stock between September 28, 2023, and December 18, 2024. The class actions seek to recover damages caused by alleged violations of federal securities laws and seek remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934.

Investors who experienced losses on their Micron Technology, Inc. investments during the specified Class Period are encouraged to learn more about the class actions and potential recovery options under the federal securities laws. Various law firms are actively investigating claims on behalf of investors and can provide more information about the ongoing legal proceedings. The lawsuits aim to hold the Company and certain officials accountable for alleged violations of securities laws.

In addition to Micron Technology, Inc., other tech stocks like NVIDIA, Logitech International, and Uber Technologies are also in focus amidst the evolving landscape of the market. NVIDIA's strength in AI is seen as a significant factor driving profits for peripheral businesses like Micron Technology. The tech industry continues to attract investor interest as traditional sectors struggle, with AI and its advances playing a crucial role in shaping future investment opportunities.

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