AP NEWS

Glancy Prongay & Murray LLP Reminds Investors of the Deadline in the Class Action Lawsuit Against Micron Technology, Inc. (MU)

January 31, 2019

LOS ANGELES--(BUSINESS WIRE)--Jan 30, 2019--Glancy Prongay & Murray LLP (“GPM”) reminds investors of the March 25, 2019  deadline to file a lead plaintiff motion in the class action filed on behalf of investors that purchased Micron Technology, Inc. (“Micron” or the “Company”) (NASDAQ:  MU ) securities between  June 22, 2018 and November 19, 2018, inclusive (the “Class Period”). Micron investors have until March 25, 2019  to file a lead plaintiff motion.

If you are a shareholder who suffered a loss, click  here to participate.

On November 19, 2018, the  Financial Times  reported that Chinese investigators found “massive evidence” of anti-competitive behavior by Micron and two other companies. On this news, Micron’s share price fell $2.61 per share, or 6.6%, to close at $36.83 per share on November 19, 2018.

The complaint filed in this class action alleges that during the Class Period, Defendants made materially false and/or misleading statements and/or failed to disclose that: (1) 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; (2) Chinese investigators had found “massive evidence” of Micron’s anti-competitive behavior; (3) Micron had engaged in a price-fixing conspiracy with Samsung Electronics and SK Hynix; and (4) as a result, Micron’s public statements were materially false and misleading at all relevant times.

Follow us for updates on Twitter: twitter.com/GPM_LLP.

If you purchased shares of Micron, you may move the Court no later than March 25, 2019  to ask the Court to appoint you as lead plaintiff. To be a member of the Class you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the Class. If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley Portnoy, Esquire, of GPM, 1925 Century Park East, Suite 2100, Los Angeles California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by email to shareholders@glancylaw.com, or visit our website at www.glancylaw.com. If you inquire by email please include your mailing address, telephone number and number of shares purchased.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190130005901/en/

CONTACT: Glancy Prongay and Murray LLP, Los Angeles

Lesley Portnoy, 310-201-9150 or 888-773-9224

www.glancylaw.com

shareholders@glancylaw.com

KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA

INDUSTRY KEYWORD: PROFESSIONAL SERVICES LEGAL

SOURCE: Glancy Prongay and Murray LLP

Copyright Business Wire 2019.

PUB: 01/30/2019 07:59 PM/DISC: 01/30/2019 07:59 PM

http://www.businesswire.com/news/home/20190130005901/en

AP RADIO
Update hourly