Investors Sue Micron Over Alleged Price-Fixing Plot

Law360 (April 17, 2006, 12:00 AM EDT) -- An antitrust lawsuit filed against Micron Technology Inc. last month over alleged price-fixing for its dynamic random access memory (DRAM) products has triggered a securities class action against the company, with shareholders claiming that Micron’s alleged anticompetitive conduct led to inflated stock prices.

Micron, which manufactures and sells semiconductor devices, was hit with the price-fixing charges ofin March in a class action lawsuit.

The latest suit, filed last week in the U.S. District Court of the District of Idaho, asserts that by engaging in the alleged...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.