Kirby McInerney LLP | Financial Litigation Law Firm | <h3 >Super Micro Computer Inc.</h3 >
This links to the home page
Cases
PRACTICE AREAS

Super Micro Computer Inc.


The law firm of Kirby McInerney LLP is investigating potential claims against Super Micro Computer Inc. (“Super Micro” or the “Company”) (NASDAQ: SMCI). The investigation concerns whether Super Micro and/or certain of its officers have violated the federal securities laws and/or engaged in other unlawful business practices.
 
Super Micro designs, develops, manufactures and sells server solutions based on modular and open-standard architecture.
 
On January 10, 2023, market analyst Spruce Point Capital released a report about Super Micro indicating, among other things, that Spruce Point Capital “has grave concerns about the accuracy of [Super Micro's] financial reporting and sustainability of its recent stock price performance.” On this news, the price of Super Micro shares declined by $0.44 per share, or approximately 7.55%, from $84.77 per share to close at $78.37  on January 10, 2023.


Super Micro Computer Inc. Investor Contact Form