Supermicro lawsuits and enforcement actions
3 cases · 1 active
Averza sued v.
Super Micro ComputerShareholders allege Super Micro misled investors about its financial results and internal controls before its 2024 accounting turmoil.N.D. Cal.
SEC: Super Micro accounting violationsThe SEC found Super Micro recognized revenue too early and understated expenses for at least three years.$17.5 millionSECHessefort sued v.
Super Micro ComputerInvestors alleged Super Micro misstated revenue recognition, the issue that also led to a 2020 SEC accounting case.$18.25 millionN.D. Cal.