BOSTON, Oct. 4, 2018 /PRNewswire/ -- Block & Leviton LLP (www.blockesq.com), a securities litigation firm representing investors nationwide, is investigating whether Super Micro Computer, Inc. ("Super Micro" or the "Company") (OTC: SMCI) and certain of its officers and directors violated federal securities laws.
On October 4, 2018, Bloomberg Businessweek published a news investigation chronicling a Chinese spy attack on the US federal government and major American technology companies by adding chips to hardware manufactured in China and sold by Super Micro in the United States. According to the article, "The chips had been inserted during the manufacturing process, [officials say], by operatives from a unit of the People's Liberation Army. In Super Micro, China's spies appear to have found a perfect conduit for what U.S. officials now describe as the most significant supply chain attack known to have been carried out against American companies."
Following this report, the Company's stock has plunged more than 38%.
If you have purchased or otherwise acquired Super Micro securities and have questions about your legal rights, or possess information relevant to this investigation, you are encouraged to contact attorneys John DeFelice or Jake Walker at (888) 868-2385, by email at firstname.lastname@example.org or email@example.com, or by visiting http://shareholder.law/supermicro.
Block & Leviton LLP was recently ranked 4th among securities litigation firms by ISS for recoveries in 2017. The firm represents many of the nation's largest institutional investors and numerous individual investors in securities litigation throughout the country. Indeed, its lawyers have recovered billions of dollars for its clients.
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