Scott+Scott Attorneys at Law LLP Investigating Derivative Claims on Behalf of Shareholders of Super Micro Computer, Inc. - SMCI
NEW YORK, Oct. 10, 2018 /PRNewswire/ -- Scott+Scott Attorneys at Law LLP ("Scott+Scott"), a national securities and consumer rights litigation firm, is investigating whether certain directors and officers of Super Micro Computer, Inc. ("Super Micro" or the "Company") (OTC: SMCI) breached their fiduciary duties to the Company and its shareholders. If you are a Super Micro shareholder, you are encouraged to contact Scott+Scott for additional information.
On October 4, 2018, Bloomberg published an article entitled "The Big Hack: How China Used a Tiny Chip to Infiltrate U.S. Companies." The article reported that "chips had been inserted during the manufacturing process, two officials say, by operatives from a unit of the People's Liberation Army. In [Super Micro], China's spies appear to have found a perfect conduit for what U.S. officials now describe as the most significant supply chain attack known to have been carried out against American companies."
Following this news, shares of Super Micro lost over 50% of their value on October 4, 2018.
What You Can Do
If you are a Super Micro shareholder, you may have legal claims against the Company's directors and officers. If you wish to discuss this investigation, or have questions about this notice or your legal rights, please contact attorney Joe Pettigrew toll-free at (844) 818-6982 or at [email protected].
About Scott+Scott Attorneys at Law LLP
Scott+Scott has significant experience in prosecuting major securities, antitrust, and employee retirement plan actions throughout the United States. The firm represents pension funds, foundations, individuals, and other entities worldwide with offices in New York, London, Connecticut, California, and Ohio.
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CONTACT:
Joe Pettigrew
Scott+Scott Attorneys at Law LLP
230 Park Avenue, 17th Floor
New York, NY 10169
(844) 818-6982
[email protected]
SOURCE Scott+Scott Attorneys at Law LLP
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