Super Micro Computer, Inc.
Securities Class Action
Company Name: Super Micro Computer, Inc. (SMCI)
Download ComplaintApril 30, 2024 - March 19, 2026
May 26, 2026|28 days left
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Allegations
On March 19, 2026, the U.S. Department of Justice (“DOJ”) announced the unsealing of an indictment against three individuals associated with Super Micro for engaging in a “scheme to divert massive quantities of servers housing U.S. artificial intelligence technology to customers in China” in violation of U.S. export control laws. The DOJ announcement said that the purpose of these activities was “to drive sales and generate revenues in violation of U.S. law” and enabled the sale of “approximately $2.5 billion worth of servers” between 2024 and 2025. According to the DOJ, Yih-Shyan Liaw (Super Micro’s co-founder, director, and Senior Vice President of Business Development), Ruei-Tsang Chang (“a general manager in [Super Micro’s] Taiwan office”), and Ting-Wei Sun (“a third-party broker and “‘fixer’”) “conspired to systematically divert [Super Micro’s] servers with certain GPUs to China without a license to do so from the U.S. Department of Commerce”. On this news, Super Micro’s stock price fell $10.26 per share, or 33.32%, to close at $20.54 per share on March 20, 2026.
Lead Plaintiff
If you have qualifying losses, you may be eligible to serve as Lead Plaintiff. Acting as a representative for all class members seeking recovery in the lawsuit, the Lead Plaintiff plays an important role in the litigation, including selecting a law firm to serve as Lead Counsel and approving the final settlement. There is no cost whatsoever to seek or participate as a Lead Plaintiff. The Lead Plaintiff may also receive a monetary award for their participation in the suit.
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