San Diego, CA -- (SBWIRE) -- 10/31/2018 -- An investigation was announced concerning possible violations of securities laws by Super Micro Computer, Inc. in connection with certain financial statements.

Investors who purchased shares of Super Micro Computer, Inc. (OTC: SMCI), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm focuses on whether a series of statements by Super Micro Computer, Inc. (OTC: SMCI regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

San Jose, CA based Super Micro Computer, Inc., together with its subsidiaries, develops and provides high performance server solutions based on modular and open architecture. Super Micro Computer, Inc. reported that its Total Revenue rose from over $2.215 billion for the 12 months period that ended on June 30, 2016 to over $2.52 billion for the 12 months period that ended on June 30, 2017 and that its Net Income for those respective time periods declined from $72.02 million to $69.32 million.

Shares of Super Micro Computer, Inc. (OTC: SMCI) reached $26.40 per share in June 2018.

On October 4, 2018, it was reported that Super Micro Computer, Inc, is central to a spying scandal involving China. According to the article, "The chips had been inserted during the manufacturing process, [officials say], by operatives from a unit of the People's Liberation Army. In Super Micro Computer, Inc, 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."

The same day, Super Micro Computer, Inc. issued a statement refuting reports that servers it sold to customers contained malicious microchips in the motherboards of those systems.

Shares of Super Micro Computer, Inc. (OTC: SMCI) dropped to $8.50 per share on October 4, 2018.

Those who purchased shares of Super Micro Computer, Inc. (OTC: SMCI) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.