NEW ORLEANS, April 02, 2026 (GLOBE NEWSWIRE) — ClaimsFiler, a FREE shareholder information service, reminds investors that they have until May 26, 2026 to file lead plaintiff applications in a securities class action lawsuit against Super Micro Computer, Inc. (“Super Micro” or the “Company”) (NasdaqGS: SMCI), if they purchased or otherwise acquired the Company’s securities between April 30, 2024 and March 19, 2026, (the “Class Period”). This action is pending in the United States District Court for the Northern District of California.
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Super Micro investors should visit us at https://claimsfiler.com/cases/nasdaq-smci-4/ or call toll-free (844) 367-9658. Lawyers at Kahn Swick & Foti, LLC are available to discuss your legal options.
About the Lawsuit
Super Micro and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.
On March 19, 2026, post-market, the U.S. Department of Justice announced the unsealing of an indictment against three individuals associated with the Company, Yih-Shyan Liaw (the Company’s co-founder, director, and Senior Vice President of Business Development), Ruei-Tsang Chang (“a general manager in the [Super Micro’s] Taiwan office),” and Ting-Wei Sun (“a third-party broker and fixer”), for engaging in a “scheme to divert massive quantities of servers housing U.S. artificial intelligence technology to customers in China” violating U.S. export control laws, in order to “drive sales and generate revenues in violation of U.S. law” and enabled the sale of “approximately $2.5 billion worth of servers” between 2024 and 2025.
On this news, the price of Super Micro’s shares fell $10.26, or 33.3%, to close at $20.53 per share on March 20, 2026.
The case is Bhuva v. Super Micro Computer, Inc., et al., Case No. 26-cv-02606.
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