Supermicro

Practice Area: 
Stock Symbol: 
SMCI
Case Status: 
Investigations
Class Period: 
October 1, 2015 to October 3, 2018

We are investigating possible securities fraud claims against Supermicro (Other OTC : SMCI) resulting from inaccurate statements Supermicro made regarding its operations and financial performance.

Our investigation focuses on the extent to which Supermicro’s products were compromised by Chinese government-affiliated groups, which are alleged to have infiltrated Supermicro’s supply chain to attach tiny chips to motherboards which ended up in servers deployed in the U.S.  The goal, according to a report in Bloomberg, was to gain an entry point within company systems to potentially grab IP or confidential information.