SMCI Investors Have Opportunity to Join Super Micro Computer, Inc. Fraud Investigation with the Schall Law Firm
SMCI Investors Have Opportunity to Join Super Micro Computer, Inc. Fraud Investigation with the Schall Law Firm
LOS ANGELES--(BUSINESS WIRE)--The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Super Micro Computer, Inc. (“Super Micro” or “the Company”) (NASDAQ: SMCI) for violations of the securities laws.
The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Super Micro is the subject of a Reuters report titled: “US charges 3 tied to Super Micro Computer with helping smuggle billions of dollars of AI chips to China.” According to the report, “Three people associated with artificial intelligence server maker Super Micro Computer Inc, including its co-founder, were charged with helping smuggle at least $2.5 billion of U.S. AI technology to China in violation of export laws, the U.S. Justice Department said on Thursday. Based on this news, shares of Super Micro fell by almost 28.5% in afternoon trading on the same day.
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at bschall@schallfirm.com.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
Contacts
The Schall Law Firm
Brian Schall, Esq.
310-301-3335
info@schallfirm.com
www.schallfirm.com
