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US Justice Department Probes Super Micro Computer
Friday September 27, 2024. 12:00 AM , from Slashdot
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.' The short-seller had cited a three-month investigation that included interviews with former senior employees of Super Micro and litigation records. Hindenburg's allegations included evidence of undisclosed related-party transactions, failure to abide by export controls, among other issues. The company had denied Hindenburg's claims. Read more of this story at Slashdot.
https://yro.slashdot.org/story/24/09/26/211247/us-justice-department-probes-super-micro-computer?utm...
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