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SEC: Super Micro accounting violations securities case

US Securities and Exchange Commission · decided Aug 25, 2020 · Settled

The SEC found Super Micro recognized revenue too early and understated expenses for at least three years.

The case

Regulator
US Securities and Exchange Commission
Decided
Aug 25, 2020
Status
Settled
Outcome
Super Micro paid a $17.5 million penalty; CEO Charles Liang reimbursed $2.1 million in stock profits.
Amount
$17.5 million

History

1 dated entry
DateEntry
Aug 25, 2020Decision: SEC: Super Micro accounting violations
WhenCase
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Caption and links

In re Super Micro Computer, Inc.

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