Stockholder Notice: Robbins LLP Informs Investors of the Super Micro Computer, Inc. Class Action Lawsuit

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6:10 PM on Wednesday, March 25

The Associated Press

SAN DIEGO--(BUSINESS WIRE)--Mar 25, 2026--

Robbins LLP informs stockholders that a class action was filed on behalf of all investors who purchased or otherwise acquired Super Micro Computer, Inc. (NASDAQ: SMCI) securities between April 30, 2024 and March 19, 2026. Super Micro is a technology company that designs, develops, and manufactures high-performance server and storage systems, primarily for artificial intelligence (“AI”), data center, and cloud solutions customers.

For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003.

The Allegations: Robbins LLP is Investigating Allegations that Super Micro Computers, Inc. (SMCI) Failed to Disclose Violations of U.S. Export Control Laws

According to the complaint, during the class period, defendants failed to disclose to investors that: (1) a significant portion of the Company’s sales of servers were to companies based in China; (2) these transactions violated U.S. export control laws; and (3) there were material weaknesses in the Company’s controls to ensure compliance with applicable export control laws and regulations.

Plaintiff alleges that on March 19, 2026, after the market closed, the U.S. Justice Department announced the unsealing of an indictment against three individuals associated with Super Micro for engaging in a “scheme to divert massive quantities of servers housing U.S. artificial intelligence technology to customers in China” in violation of U.S. export control laws. The announcement stated these activities were done “all to drive sales and generate revenues in violation of U.S. law” and enabled the sale of “approximately $2.5 billion worth of servers” between 2024 and 2025.

According to the DOJ, Yih-Shyan Liaw (the Company’s co-founder, director, and Senior Vice President of Business Development), Ruei-Tsang Chang (“a general manager in the [Super Micro’s] Taiwan office,” and Ting-Wei Sun (“a third-party broker and fixer”) “conspired to systematically divert [Super Micro’s] servers with certain GPUs to China without a license to do so from the U.S. Department of Commerce.” According to media reports, the GPUs are Nvidia’s most advanced AI chips.

On this news, Super Micro’s stock price fell $10.26, or 33.3%, to close at $20.53 per share on March 20, 2026.

What Now: You may be eligible to participate in the class action against Super Micro Computers, Inc. Shareholders who wish to serve as lead plaintiff for the class should contact Robbins LLP. The lead plaintiff is a representative party who acts on behalf of other class members in directing the litigation. You do not have to participate in the case to be eligible for a recovery. If you choose to take no action, you can remain an absent class member. For more information, click here.

All representation is on a contingency fee basis. Shareholders pay no fees or expenses.

About Robbins LLP: A recognized leader in shareholder rights litigation, the attorneys and staff of Robbins LLP have been dedicated to helping shareholders recover losses, improve corporate governance structures, and hold company executives accountable for their wrongdoing since 2002.

To be notified if a class action against Super Micro Computers, Inc. settles or to receive free alerts when corporate executives engage in wrongdoing, sign up for Stock Watch today.

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View source version on businesswire.com:https://www.businesswire.com/news/home/20260325421234/en/

CONTACT: Aaron Dumas, Jr.

Robbins LLP

5060 Shoreham Pl., Ste. 300

San Diego, CA 92122

[email protected]

(800) 350-6003

www.robbinsllp.com

KEYWORD: CALIFORNIA UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: CLASS ACTION LAWSUIT PROFESSIONAL SERVICES LEGAL

SOURCE: Robbins LLP