EQUITY ALERT: Rosen Law Firm Announces Investigation of Securities Claims Against Super Micro Computer, Inc.
September 02 2015 - 10:07PM
Business Wire
Rosen Law Firm, a global investor rights law firm, announces it
is investigating potential securities claims on behalf of
shareholders of Super Micro Computer, Inc. (NASDAQ: SMCI) resulting
from allegations that Super Micro Computer may have issued
materially misleading business information to the investing
public.
On August 31, 2015, Super Micro Computer disclosed that it “has
determined that it is unable to file its Annual Report on Form 10-K
for the fiscal year ended June 30, 2015 within the prescribed time
period without unreasonable effort or expense. [Super Micro]
recently discovered certain irregularities regarding certain
marketing expenses and additional time is required for [Super
Micro] to complete its investigation of the matter.” On this news,
shares of Super Micro Computer fell $2.58 per share or over 9% to
close at $24.77 per share on September 1, 2015, damaging
investors.
Rosen Law Firm is preparing a class action lawsuit to recover
losses suffered by Super Micro Computer investors. If you purchased
shares of Super Micro Computer on or before August 31, 2015, please
visit the firm’s website at http://rosenlegal.com/cases-711.html
for more information. You may also contact Phillip Kim, Esq. or
Kevin Chan, Esq. of Rosen Law Firm toll free at 866-767-3653 or via
email at pkim@rosenlegal.com or kchan@rosenlegal.com.
Rosen Law Firm represents investors throughout the globe,
concentrating its practice in securities class actions and
shareholder derivative litigation.
Attorney Advertising. Prior results do not guarantee a similar
outcome.
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version on businesswire.com: http://www.businesswire.com/news/home/20150902006560/en/
The Rosen Law Firm, P.A.Laurence Rosen, Esq.Phillip Kim,
Esq.Kevin Chan, Esq.275 Madison Avenue, 34th FloorNew York, NY
10016Tel: (212) 686-1060Toll Free: (866) 767-3653Fax: (212)
202-3827lrosen@rosenlegal.compkim@rosenlegal.comkchan@rosenlegal.comwww.rosenlegal.com