Class Action Lawsuit Filed Against Super Micro Computer, Inc. Amid DOJ Indictment
A class action lawsuit has been filed against Super Micro Computer, Inc. (NASDAQ: SMCI) following a DOJ indictment of three individuals for allegedly diverting servers to China in violation of U.S. export laws. The company's stock dropped 33.32% following the news.
Tickers: $SMCI
Topics: class action export violations securities fraud stock price drop