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San Diego, April 18, 2026 (GLOBE NEWSWIRE) — The Shareholders Foundation, Inc. announced that a lawsuit is pending for certain investors in Super Micro Computer, Inc. (NASDAQ: SMCI) shares.
The notice states that investors who purchased Super Micro Computer, Inc. (NASDAQ: SMCI) shares between April 30, 2024, and March 19, 2026, in excess of $100,000, may have certain options, with a stated deadline of May 26, 2026. The Shareholders Foundation says those investors should contact it at mail@shareholdersfoundation.com or call +1(858) 779-1554.
According to the announcement, on March 25, 2026, an investor filed a lawsuit alleging securities laws violations by Super Micro Computer, Inc.
The plaintiff alleges that the defendants failed to disclose to investors that a significant portion of the company’s sales of servers were to companies based in China. The plaintiff further alleges that these transactions violated U.S. export control laws, and that there were material weaknesses in the company’s controls to ensure compliance with applicable export control laws and regulations.
The plaintiff also alleges that, as a result of the foregoing, the company’s positive statements about its business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
The announcement reiterates that the deadline is May 26, 2026, and directs eligible investors to contact the Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. states that it is a professional portfolio legal monitoring and a settlement claim filing service that researches shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal-related news. It also states that it is not a law firm and that the information provided is not intended as legal advice.
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