Super Micro Computer, Inc.

45 Days Left

Class Action Period:
February 02, 2021 - August 28, 2024

Lead Plaintiff Deadline:
October 29, 2024

Case Form

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Allegations

According to the complaint, on August 27, 2024, Hindenburg Research unveiled a short report on SMCI. The short report detailed several allegations against the Company, including that Hindenburg “found glaring accounting red flags, evidence of undisclosed related party transactions, sanctions and control failures, and customer issues.” Investors and analysts reacted immediately to these revelations. The price of SMCI’s common stock declined dramatically. From a closing market price of $562.51 per share on August 26, 2024, SMCI’s stock price fell to $443.49 per share on August 28, 2024, a decline of about 21.16% in the span of only two days.

Eligibility

In order to be included in the lawsuit, you must have incurred a loss on shares of Super Micro Computer, Inc. purchased during the class period listed above.

Lead Plaintiff Deadline

If you suffered a loss in Super Micro Computer, Inc. during the relevant time frame, you have until October 29, 2024 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.