Investigation announced for Long-Term Investors in shares of Super Micro Computer, Inc. (NASDAQ: SMCI) over potential Wrongdoing

An investigation was announced for long-term investors in shares of Super Micro Computer, Inc. (NASDAQ: SMCI) concerning potential breaches of fiduciary duties by certain directors of Super Micro Computer, Inc. was announced.

Investors who are current long term investors in Super Micro Computer, Inc. (NASDAQ: SMCI) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm for current long term investors in NASDAQ: SMCI stocks follows a lawsuit filed against Super Micro Computer, Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ: SMCI stocks, concerns whether certain Super Micro Computer, Inc. directors are liable in connection with the allegations made in that lawsuit.

According to that complaint filed in the U.S. District Court for the Northern District of California the plaintiff alleges that, the defendants made false and/or misleading statements and/or failed to disclose, among other things, that defendants recognized revenue prematurely and failed to implement adequate internal financial controls, that defendants failed to disclose the existence of multiple related party transactions, and that as a result, defendants' statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.

Those who purchased shares of Super Micro Computer, Inc. (NASDAQ: SMCI) have certain options and should contact the Shareholders Foundation.

Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

This release was published on openPR.