US Justice Department probes Super Micro Computer, WSJ reports

  • Posted on September 26, 2024
  • By Yahoo News
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US Justice Department probes Super Micro Computer, WSJ reports

Super Micro's shares fell nearly 17% following the report. The WSJ report, which cited people familiar with the matter, said the probe was at an early stage and that a prosecutor at a U.S. attorney's office recently contacted people who may be holding relevant information. Super Micro had late last month delayed filing its annual report, citing a need to assess "its internal controls over financial reporting," a day after Hindenburg disclosed a short position and made claims of "accounting manipulation".
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