Super Micro Computer had earlier this month denied claims made in a report by short-seller Hindenburg Research, saying it contained “false or inaccurate statements” about the server mak…
Historic federal indictment against Mayor Adams claims he took $10M in illegal donations, free luxury travel, ritzy perksThe WSJ report, which cited people familiar with the matter, said the probe was at an early stage and that a prosecutor at a US attorney’s office recently contacted people who may be holding relevant information.
Hindenburg’s allegations included evidence of undisclosed related-party transactions, failure to abide by export controls, among other issues.Super Micro and the DOJ did not immediately respond to Reuters requests for comment on Thursday.
Tech Artificial Intelligence Justice Department Probes Short Seller
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Hindenburg takes aim at AI server maker Super Micro with short positionHindenburg Research on Tuesday disclosed a short position in Super Micro Computer and alleged 'accounting manipulation' at the AI server maker.
Read more »
Super Micro shares fall 23% on filing delay, Hindenburg Research reportShares of Super Micro fell after the company announced it will not file its annual report for the fiscal year on time.
Read more »
Super Micro Computer (SMCI) stock drops 25% on delayed 10-K fillingSuper Micro Computer (SMCI) stock drops 25% on delayed 10-K filling
Read more »
Super Micro Computer (SMCI) stock drops 10% on delayed 10-K fillingSuper Micro Computer (SMCI) stock drops 10% on delayed 10-K filling
Read more »
Super Micro Computer tumbles 25% on 10K reporting delay, accusations of accounting irregularitiesSuper Micro Computer lost a quarter of its market value by midday Wednesday after the server technology company said it was delaying the filing of its annual report. The company said in a regulatory filing that management needed more time to asses the effectiveness of its “internal controls over financial reporting' as of the end of June.
Read more »
Stocks making the biggest moves midday: Super Micro Computer, Berkshire Hathaway, Abercrombie & Fitch and moreThese are the stocks posting the largest moves in midday trading.
Read more »