SAN DIEGO & SAN JOSE, Calif.--(BUSINESS WIRE)--Shareholder rights law firm Robbins Arroyo LLP is investigating whether certain officers and directors of Super Micro Computer, Inc. (OTC: SMCI) breached their fiduciary duties to shareholders. Nasdaq's Global Select Market suspended Super Micro Computer from trading and delisted the stock on August 23, 2018, because the company was unable to regain compliance with the Nasdaq listing requirements by the August 24, 2018 deadline previously set by the panel. Super Micro Computer's non-compliance resulted from its inability to complete and timely file its Annual Report on Form 10-K for its fiscal year ended June 30, 2017, and its Quarterly Reports on Form 10-Q for its fiscal quarters ended September 30, 2017, December 31, 2017, and March 31, 2018.
View this press release on the firm's Shareholder Rights Blog:
https://www.robbinsarroyo.com/super-micro-computer-inc-sept-2018/
Super Micro Computer Shareholders Have Legal Options
Concerned shareholders who would like more information about their rights and potential remedies can contact attorney Leonid Kandinov at (800) 350-6003, LKandinov@robbinsarroyo.com, or via the shareholder information form on the firm's website.
Robbins Arroyo LLP is a nationally recognized leader in shareholder rights law. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits, and has helped its clients realize more than $1 billion of value for themselves and the companies in which they have invested. Sign up for our FREE portfolio monitoring service, Stock Watch.
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