Investors can contact the law firm at no cost to learn more about recovering their losses
LOS ANGELES, Jan. 11, 2023 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Super Micro Computers, Inc. (“Super Micro” or “the Company”) (NASDAQ: SMCI) investors that the firm has initiated an investigation into possible securities fraud and may file a class action on behalf of investors. Super Micro investors that lost money on their investment are encouraged to contact Lesley Portnoy, Esq.
Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 844-767-8529 or email: lesley@portnoylaw.com, to discuss their legal rights, or click here to join the case via www.portnoylaw.com. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors’ options for pursuing claims to recover their losses.
The investigation is looking into whether the Company made false statements or did not disclose important information to investors. Spruce Point Capital Management released a research report on January 10, 2023 about the company Super Micro, stating that the company and its management team have a problematic past which led to missed filings, financial restatements and delisted shares. The report also expresses serious doubt about the reliability of Super Micro's financial reporting and the reason for its recent stock performance. Following the release of the report, shares of Super Micro dropped by 7.6%.
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The Portnoy Law Firm represents investors in pursuing claims against caused by corporate wrongdoing. The Firm’s founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.
Lesley F. Portnoy, Esq.
Admitted CA and NY Bar
lesley@portnoylaw.com
310-692-8883
www.portnoylaw.com
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