Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Super Micro Computer, Inc. (“Super Micro” or the “Company”) (NASDAQ: SMCI) investors concerning the Company’s possible violations of the federal securities laws.
If you suffered a loss on your Super Micro investments or would like to inquire about potentially pursuing claims to recover your loss under the federal securities laws, you can submit your contact information at www.glancylaw.com/cases/Super-Micro-Computer-Inc-1/. You can also contact Charles H. Linehan, of GPM at 310-201-9150, Toll-Free at 888-773-9224, or via email at shareholders@glancylaw.com to learn more about your rights.
On January 10, 2023, Spruce Point Capital Management released a report expressing “grave concerns about the accuracy of [Super Micro’s] financial reporting and sustainability of its recent stock price performance.” The report alleged, among other things, that the Company and its CEO “have a troubling history that recently resulted …