Super Micro shareholders sue company’s CEO and CFO along with co-founders
Super Micro Computer shareholders are suing the tech firm for securities fraud, alleging it concealed its reliance on Chinese sales that violated US export laws. Co-founder Yih-Shyan Liaw and two others were indicted for smuggling Nvidia chips to China, prompting Liaw’s resignation from the board. The company asserts its commitment to compliance despite the alleged actions.
