Are you a former employee of Super Micro Computer, Inc. (SMCI) and own stock in the company? Robbins LLP is investigating breaches of fiduciary duty by the officers and board of directors of SMCI.
Investigating the Officers and Directors of Super Micro Computer, Inc. (SMCI) After Report Alleging Chinese Hacking Crashes Stock Price
Shareholder rights law firm Robbins LLP is investigating whether certain officers and directors of Super Micro Computer, Inc. (OTC: SMCI) breached their fiduciary duties to shareholders. In the most significant supply chain attack known to have been carried out against American companies, Chinese spies infiltrated server motherboards made by Super Micro in an unprecedented attempt to access high-value corporate secrets and sensitive government networks. To carry out their massive hardware hack, Super Micro’s manufacturing subcontractors in China placed miniature microchips on motherboards that ended up in data centers in nearly 30 companies. These microchips allowed Chinese spies to gain access to government contractors, major tech companies, including Apple Inc., and a major bank. In the wake of a recent report detailing the hack, Super Micro’s stock price plunged over 42% and currently trades at approximately $12.40 per share.