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Faruqi & Faruqi, LLP Launches An Investigation Against Micron Technology Inc. (MU) For Potential Breaches Of Fiduciary Duties By Its Board Of Directors
NEW YORK --(Business Wire)--
Faruqi & Faruqi, LLP, a leading national securities firm headquartered
in New York City, is investigating the Board of Directors of Micron
Technology Inc. ("Micron" or the "Company") (NasdaqGS: MU) for potential
breaches of fiduciary duties in connection with their conduct in seeking
shareholders' approval for an Amended and Restated 2004 Equity Incentive
Plan.
Specifically, in the Proxy Statement filed by the Company with the
Securities and Exchange Commission on December 13, 2012, the Board of
Directors recommends that Micron's shareholders vote to approve the
Amended and Restated 2004 Equity Incentive Plan, which would increase
the shares reserved for issuance by 30,000,000. The issuance of the
additional shares could have a substantial dilutive effect on the shares
of Micron common stock.
Request more information now by clicking here: www.faruqilaw.com/MU.
There is no cost or obligation to you.
Faruqi & Faruqi, LLP is a national law firm which represents investors
and individuals in class action litigation. The firm is focused on
providing exemplary legal services in complex litigation in the areas of
securities, shareholder, antitrust and consumer litigation, throughout
all phases of litigation. The firm has an experienced trial team which
has achieved significant victories on behalf of the firm's clients.
If you own common stock in Micron and wish to obtain additional
information and protect your investments free of charge, please visit us
at www.faruqilaw.com/MU
or contact Juan E. Monteverde, Esq. either via e-mail at jmonteverde@faruqilaw.com
or by telephone at (877) 247-4292 or (212) 983-9330.
Attorney Advertising. (C) 2012 Faruqi & Faruqi, LLP. The law firm
responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com).
Prior results do not guarantee or predict a similar outcome with respect
to any future matter. We are happy to discuss your particular case.

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