Faruqi & Faruqi and Kahn Swick & Foti reminded Super Micro Computer Inc. (SMCI) investors of a May 26, 2026 deadline. Investors have until this date to seek lead plaintiff status in a securities fraud class-action lawsuit.
The lawsuit alleges Super Micro failed to disclose material information. This follows the March 19, 2026 indictment of three individuals associated with the company.
The indictment involves a scheme to illegally export servers to China. Super Micro's stock price dropped on March 20, 2026.