Block & Leviton LLP Is Investigating Super Micro Computer, Inc. (SMCI) For Violations Of The Federal Securities Laws And Encourages Shareholders To Contact The Firm

BOSTON, Feb. 1, 2018 /PRNewswire/ -- Block & Leviton LLP (www.blockesq.com), a securities litigation firm representing investors nationwide, is investigating whether Super Micro Computer, Inc. ("SMCI" or the "Company") (Nasdaq: SMCI) and certain of its officers and directors violated federal securities laws.

In August and September of 2017, SMCI disclosed that it was conducting an internal accounting investigation and that it had received a delinquent filing notice from the Nasdaq stock exchange regarding the delayed filing of the Company's Form 10-K for fiscal 2017. On this news, the Company's stock fell dramatically.

Then, on January 30, 2018, SMCI disclosed that the Company's audit committee "has completed the previously disclosed investigation," but that "[a]dditional time is required to analyze the impact…of the results of the investigation on the Company's historical financial statements." SMCI further disclosed that Wally Liaw, Sr. Vice President of International Sales, Phidias Chou, Sr. Vice President, Worldwide Sales and Howard Hideshima, Senior Vice President, Chief Financial Officer had resigned.

On this news, SMCI's stock fell more than 7%, causing millions in losses to investors.

If you purchased or otherwise acquired SMCI securities and have questions about your legal rights or possess information relevant to this investigation, you are encouraged to contact attorney Bradley Vettraino at (617) 398-5600, by email at [email protected], or by visiting www.blockesq.com/smci.

Confidentiality to whistleblowers or others with information relevant to this investigation is assured.

Block & Leviton LLP is a Boston-based law firm representing investors nationwide. The firm's lawyers have collectively been prosecuting securities cases on behalf of individual and institutional investors for over 50 years, and have recovered billions of dollars on their behalf. Block & Leviton's investigations into corporate wrongdoing were recently covered by the New York Times.

This notice may constitute attorney advertising.

CONTACT:

Block & Leviton LLP
Bradley J. Vettraino
155 Federal Street, Suite 400
Boston, MA 02110
(617) 398-5600
[email protected]

SOURCE Block & Leviton LLP

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