An investigation on behalf of current long term investors in Micron Technology, Inc. (NASDAQ: MU) shares over possible breaches of fiduciary duty by certain officers and directors was announced.
San Diego, CA -- (SBWIRE) -- 04/18/2019 -- An investigation was announced for current long-term investors in shares of Micron Technology, Inc. (NASDAQ: MU) concerning potential breaches of fiduciary duties by certain directors of Micron Technology, Inc..
Investors who are investors in Micron Technology, Inc. (NASDAQ: MU) shares, have certain options and should contact the Shareholders Foundation at firstname.lastname@example.org or call +1(858) 779 - 1554.
The investigation by a law firm for investors in NASDAQ: MU stocks follows a lawsuit filed against Micron Technology, Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ: MU stocks, concerns whether certain Micron Technology directors are liable in connection with the allegations made in that lawsuit.
The plaintiff alleges that the defendants made false and/or misleading statements and/or failed to disclose that the Chinese State Administration for Market Regulation notified Micron it was investigating dynamic random-access memory ("DRAM") chip providers in China for potential collusion and other anti-competitive conduct, that Chinese investigators had found "massive evidence" of Micron's anti-competitive behavior, that Micron had engaged in a price-fixing conspiracy with Samsung Electronics and SK Hynix, and that as a result, Micron's public statements were materially false and misleading at all relevant times.
Those who purchased shares of Micron Technology, Inc. (NASDAQ: MU) have certain options and should contact the Shareholders Foundation.
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