Kan Svik and Foti LLC ("CBS") and a partner of the KSF, a former public prosecutor of Louisiana, Charles K. Foti, Jr., reminds investors that they have March 25, 2019 to file a lawsuit against the leading plaintiffs in a joint stock lawsuit against the securities class against Micron Technology, Inc. (NasdaqGS: MU), if they bought the Company's shares between June 22, 2018 and November 19, 2018, including the class period. This action is underway at the District Court of the United States for the Southern District of New York.
What can you do
If you have purchased Micron shares and would like to discuss your legal rights and how this case can affect you and your right to recover for your economic loss, you can, without obligation or price for you, contact the managing partner KSF, Luis Kahn, free of charge at 1-877-515-1850 or by e-mail ([email protected]) or visit https://www.ksfcounsel.com/cases/nasdaqgs-mu/ to find out more. If you want to serve as a leading prosecutor in this action, you must apply to the Court March 25, 2019.
About the lawsuit
Micron and some of its executives are accused of failing to disclose material information during the Class Period, violating federal securities laws.
On May 15, 2018, the Chinese State Market Regulatory Authority ("CAMP") notified the Company of its anti-competitive behavior from suppliers of electronic memory microchips. On November 19, 2018, media reports found that the SAMR "found" massive evidence of anti-competitive behavior "from Micron in a conspiracy of price with Samsung Electronics and SK Hynix.
On this news, the stock price of Micron fell more than 7%.
The case is Kniffin v. Micron Technology Inc.., No. 19-cv-00678.
About Kan Swick & Foti, LLC
CBS, whose partners include former Louisiana lawyer, Charles K. Foti, Jr., is a law firm focused on securities, antitrust and consumer shares, coupled with the merger and acquisition and breach of fiduciary litigation against publicly traded companies on behalf of shareholders. The company has offices in New York, California and Louisiana.
To find out more about CBS, you can visit www.ksfcounsel.com.
Kan Swick & Foti, LLC
Luis Kahn, managing partner
1100 "Poidras" Str., 3200 apartment
New Orleans, LA 70163