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SMCI Class Action Reminder - Robbins LLP Urges SMCI Investors to Contact the Firm for Information About Their Rights
Robbins LLP has reminded investors about a class action lawsuit filed against Super Micro Computer, Inc. (NASDAQ: SMCI) for alleged violations of U.S. export control laws. The lawsuit claims that Super Micro illegally sold servers containing AI technology to companies in China, failing to disclose these transactions and internal control weaknesses to investors. As a result, the company’s stock price dropped significantly after the U.S. Justice Department announced an indictment against individuals associated with Super Micro for these illicit activities.