Lawsuit for Investors in shares of Micron Technology, Inc. (NASDAQ: MU) announced by Shareholders Foundation

SAN DIEGO, CA, February 20, 2019 (Newswire.com) - The Shareholders Foundation, Inc. announces that a lawsuit was filed for certain investors in shares of Micron Technology, Inc. (NASDAQ: MU) over alleged securities laws violations by Micron Technology.

Investors, who purchased shares of Micron Technology, Inc. (NASDAQ: MU), have certain options and should contact the Shareholders Foundation at [email protected] 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 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 Micron Technology, Inc. (NASDAQ: MU) shares should contact the Shareholders Foundation, Inc.

CONTACT:

Shareholders Foundation, Inc.
Michael Daniels
+1 (858) 779-1554
[email protected]
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108

The Shareholders Foundation, Inc. is a professional portfolio legal monitoring and a 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. The Shareholders Foundation, Inc. is not a law firm. Any referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is only provided as a public service. It is not intended as legal advice and should not be relied upon.

SOURCE: Shareholders Foundation, Inc.

Source: Shareholders Foundation, Inc.