Investigation announced for Long-Term Investors in Micron Technology, Inc. (NASDAQ: MU) shares over possible Wrongdoing

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 current long term investors in Micron Technology, Inc. (NASDAQ: MU) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm for current long term investors in Micron Technology, Inc. (NASDAQ: MU stocks follows a lawsuit filed against Micron Technology, Inc. (NASDAQ: MU over alleged securities laws violations. The investigation on behalf of current long term investors in Micron Technology, Inc. (NASDAQ: MU stocks, concerns whether certain Micron Technology, Inc. (NASDAQ: MU officers and directors are liable in connection with the allegations made in that lawsuit.

According to that complaint filed in the U.S. District Court for the Southern District of Florida the plaintiff alleges that, the Defendants made false and/or misleading statements and/or failed to disclose that demand for the Company's products in consumer markets, especially the Company's NAND products, had significantly deteriorated, that accordingly, Defendants had overstated the extent to which demand for the Company's products had recovered, particularly in consumer markets and for its NAND products, and/or had overstated the sustainability of demand for such products, as well as the normalization of inventory for such products, and that as a result, the Company'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.

Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, 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, investigations, and/or settlements are not filed/initiated/reached and/or are not 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.

This release was published on openPR.