Categories: Top Stories

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.

The News Vista

Share
Published by
The News Vista

Recent Posts

Three Indians killed in Germany building fire: Reports – Udayavani

Three Indians killed in Germany building fire: Reports  Udayavani

2 hours ago

Selena Gomez’s Rare Impact Fund has raised over $30m, reaches 3.5m youth a year

Selena Gomez's Rare Impact Fund is dedicated to advancing youth mental health resources and education…

2 hours ago

DeAndre Jordan raised $100,000 for Harvey relief, donated 400 pairs of shoes

DeAndre Jordan leveraged his position in the NBA to make a significant impact on Hurricane…

2 hours ago

New York mayor pauses plan to loosen demolition rules for historic buildings

Saratoga Springs Mayor John Safford has paused changes to historic building demolition rules following community…

2 hours ago

Pierre Cardin restored ruined Provence château into music and theatre venue

Since its acquisition by Pierre Cardin in 2001, Château de Lacoste has seen remarkable renovations.…

2 hours ago