A lawsuit was filed on behalf of investors in Micron Technology, Inc. (NASDAQ: MU) shares over alleged securities laws violations.
San Diego, CA -- (SBWIRE) -- 02/06/2019 -- The Shareholders Foundation announces that an investor, who purchased shares of Micron Technology, Inc. (NASDAQ: MU), filed a lawsuit over alleged Securities Laws violations by Micron Technology, Inc. in connection with certain allegedly false and misleading statements.
Investors who purchased shares of Micron Technology, Inc. (NASDAQ: MU) have certain options and for certain investors are short and strict deadlines running. Deadline: March 25, 2019. NASDAQ: MU investors should contact the Shareholders Foundation at email@example.com or call +1(858) 779 - 1554.
On November 19, 2018, the Financial Times stated that the Chinese government found "massive evidence" of anti-competitive behavior by Micron Technology and two additional companies.
The plaintiff claims that between June 22, 2018 and November 19, 2018, 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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The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.