SAN
FRANCISCO, Oct. 9, 2024 /PRNewswire/ -- Schubert
Jonckheer & Kolbe LLP advises Super Micro Computer, Inc.
investors that the firm is investigating potential legal claims
against the company's officers and directors following a recent
bombshell investment analyst report revealing alleged
wrongdoing, a U.S. Justice Department probe, and the company's
delayed 10-K annual report filing. Current shareholders are
encouraged to contact the firm.
On August 27, 2024, investment
analyst firm Hindenburg Research issued a report exposing
alleged accounting violations, undisclosed related
party transactions, export control issues, and other
alleged wrongdoing at server maker Supermicro. A day
later, Supermicro announced it needed additional time to file its
fiscal 2024 annual report while management assessed "the design and
operating effectiveness of its internal controls over financial
reporting." Based on these facts, the company has been sued in
securities fraud class actions. Then, on September 26, 2024, The Wall Street
Journal reported that the U.S. Department of Justice was
investigating Supermicro concerning the matters raised in the
Hindenburg Research report.
The Schubert firm is investigating potential wrongdoing by
Supermicro's officers and directors in connection with these
allegations.
If you own stock in Super Micro and want additional
information about your legal rights, please visit our website
at
https://www.classactionlawyers.com/supermicro.
About Schubert Jonckheer & Kolbe LLP
Schubert Jonckheer & Kolbe represents shareholders,
employees, and consumers in class actions against corporate
defendants, as well as shareholders in derivative actions against
their officers and directors. The firm is based in San Francisco, and with the help of
co-counsel, litigates cases nationwide.
Contact
Dustin L.
Schubert
Schubert Jonckheer & Kolbe LLP
dschubert@schubertlawfirm.com
Tel: (415) 788-4220
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SOURCE Schubert Jonckheer & Kolbe LLP