Kaskela Law LLC Announces Investigation of Super Micro Computer, Inc. and Encourages Investors with Financial Losses in Excess of $500,000 to Contact the Firm – SMCI
RADNOR, Pa., Oct. 04, 2018 (GLOBE NEWSWIRE) -- Kaskela Law LLC is investigating Super Micro Computer, Inc. (NASDAQ: SMCI OTC: SMCI) (“Super Micro” or the “Company”) on behalf of the Company’s investors.
The investigation seeks to determine whether Super Micro and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices, and whether the Company’s investors have been harmed as a result. For additional information about this investigation please visit http://kaskelalaw.com/case/super-micro-computer/.
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 how “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’s common stock declined approximately 50% in value during trading on October 4, 2018.
Super Micro investors with financial losses in excess of $500,000 are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq.) at (888) 715 – 1740, or firstname.lastname@example.org, to discuss this investigation and their legal rights and potential recovery options. Additional information about this investigation may also be found at http://kaskelalaw.com/case/super-micro-computer/.
About Kaskela Law LLC: Kaskela Law LLC exclusively represents investors in state and federal actions throughout the country. For additional information about Kaskela Law LLC please visit www.kaskelalaw.com. This notice may constitute attorney advertising in certain jurisdictions.