SUPER MICRO COMPUTER INVESTOR ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $50,000 Investing In Super Micro Computer, Inc. To Contact The Firm

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Oct 30, 2017, 15:10 ET

NEW YORK, Oct. 30, 2017 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Super Micro Computer, Inc. ("Super Micro Computer" or the "Company") (NASDAQ: SMCI).

On October 26, 2017, Super Micro Computer announced its preliminary financial information for fiscal first quarter ended September 30, 2017. Therein, the Company disclosed that it will delay the filing of its annual report on Form 10-K due, in part, to "a sales transaction [that] was subject to additional inquiry and review." The Company stated that the aforementioned transaction was originally recorded as revenue during the quarter ended December 31, 2016, but that prior to review by the Company's auditors and the Company's public announcement of its results for the quarter, the recognition of revenue was reversed and recognized in the quarter ended March 31, 2017. When the Company's audit committee became aware of the transaction, it initiated an investigation to determine whether any similar transactions had occurred and, if so, had been properly accounted for.

On this news, Super Micro Computer's share price declined, causing harm to investors.

If you invested in Super Micro Computer stock or options and would like to discuss your legal rights, click here: www.faruqilaw.com/SMCI. There is no cost or obligation to you.

You can also contact us by calling Richard Gonnello toll free at 877-247-4292 or at 212-983-9330 or by sending an e-mail to [email protected].

CONTACT:
FARUQI & FARUQI, LLP
685 Third Avenue, 26^th Floor
New York, NY 10017
Attn: Richard Gonnello, Esq.
[email protected]
Telephone: (877) 247-4292 or (212) 983-9330

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