INDUSTRY

In addition to all the other bad news, now there is yet another investigation of SuperMicro announced today. Block & Leviton LLP, a Boston-based law firm which in the past has recovered over a billion dollars for investors affected by securities fraud, is investigating possible securities law violations by Super Micro Computer, Inc. ("SMCI" or the "Company") (NASDAQ: SMCI) and certain of its officers and directors. 

After the close of trading on August 31, 2015, SMCI filed a Form 12b-25 with the United States Securities and Exchange Commission (the "SEC") announcing that it was not going to be able to file its Form 10-K reporting its annual results in a timely manner.  It announced that the cause was recently discovered irregularities regarding certain marketing expenses.  The Company was investigating the matter internally at greater length, and stated that "additional time is required for [the Company] to complete its investigation of the matter."

In very early trading on September 1, 2015, the Company was nearly 10%, representing a loss to investors of more than $100 million.

Block & Leviton's investigation seeks to determine whether SMCI or its officers and directors violated the federal securities laws through the underlying issues that caused the Company to miss its filing deadlines with the SEC.  If you purchased or otherwise acquired SMCI securities before August 31, 2015, and have questions about your legal rights or possess information relevant to this investigation, please contact attorney Steven P. Harte of Block & Leviton LLP at (617) 398-5600 or email him at Steven@blockesq.com.  Confidentiality to whistleblowers or others with information relevant to the lawsuit is assured.