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Hagens Berman Files New Securities Class Action Against Super Micro Computer (SMCI) And Its Senior Executives: New Complaint Alleges Additional Corrective Disclosures; Lead Plaintiff Filing Deadline Remains May 26, 2026
GlobeNewswire Inc.·
Hagens Berman filed a new securities class action lawsuit against Super Micro Computer and senior executives, alleging they concealed an illegal scheme to sell billions of dollars worth of advanced AI servers with Nvidia chips to China through a Southeast Asian shell entity, violating U.S. export restrictions. The lawsuit covers investors who purchased stock between February 2, 2024 and March 19, 2026. The fraud was revealed when a DOJ indictment was unsealed on March 19, 2026, charging Super Micro's co-founder with conspiracy to divert servers to China, generating approximately $2.5 billion in sales.
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