{"success":true,"data":{"pressRelease":{"id":"3942","rtpr_id":"nGNX5lVfkS","ticker":"SMCI","exchange":"NASDAQ","all_tickers":["SMCI"],"title":"Super Micro Computer, Inc. Notice of May 26, 2026 Application Deadline for Class Action Lawsuits - Contact Lewis Kahn, Esq. at Kahn Swick & Foti, LLC, Before Application Deadline","author":"Globe Newswire","published_at":"2026-04-22T03:21:55.108Z","article_body":"NEW YORK and NEW ORLEANS, April 21, 2026 (GLOBE NEWSWIRE) -- Kahn Swick & Foti\n(https://ksfcounsel.com/), LLC (“KSF”) and KSF partner, former Attorney\nGeneral of Louisiana, Charles C. Foti, Jr., notifies investors in Super Micro\nComputer (https://ksfcounsel.com/cases/nasdaqgs-smci-2/), Inc. (“Super\nMicro” or the “Company”) (NasdaqGS: SMCI) of class action securities\nlawsuits.\n\nCLASS DEFINITION: The lawsuits seeks to recover losses on behalf of investors\nof Super Micro who were adversely affected by alleged securities fraud between\nFebruary 2, 2024 and March 19, 2026. Follow the link below to get more\ninformation and be contacted by a member of our team:\n\nhttps://ksfcounsel.com/cases/nasdaqgs-smci-2/\n\nSuper Micro investors should contact KSF Managing Partner Lewis Kahn toll-free\nat 1-877-515-1850 or via email (lewis.kahn@ksfcounsel.com), or visit\nhttps://ksfcounsel.com/cases/nasdaqgs-smci-2/ to learn more.\n\nCASE DETAILS: According to the Complaint, Super Micro and certain of its\nexecutives are charged with failing to disclose material information during\nthe Class Period, violating federal securities laws.\n\nOn March 19, 2026, post-market, the U.S. Department of Justice announced the\nunsealing of an indictment against three individuals associated with the\nCompany, Yih-Shyan Liaw (the Company’s co-founder, director, and Senior Vice\nPresident of Business Development), Ruei-Tsang Chang (“a general manager in\nthe [Super Micro’s] Taiwan office),” and Ting-Wei Sun (“a third-party\nbroker and fixer”), for engaging in a “scheme to divert massive quantities\nof servers housing U.S. artificial intelligence technology to customers in\nChina” violating U.S. export control laws, in order to “drive sales and\ngenerate revenues in violation of U.S. law” and enabled the sale of\n“approximately $2.5 billion worth of servers” between 2024 and 2025.\n\nOn this news, the price of Super Micro’s shares fell $10.26, or 33.3%, to\nclose at $20.53 per share on March 20, 2026.\n\nThe first-filed case is Bhuva v. Super Micro Computer, Inc., et al., No.\n26-cv-02606. A subsequent case, City of Hialeah Employees Retirement System v.\nSuper Micro Computer, Inc., et al., No. 26-cv-3018, expanded the class period.\n\nWHAT TO DO? If you invested in Super Micro and suffered a loss during the\nrelevant time frame, you have until May 26, 2026 to request that the Courts\nappoint you as lead plaintiff; however, your ability to share in any recovery\ndoes not require that you serve as a lead plaintiff.\n\nAbout Kahn Swick & Foti (https://www.youtube.com/watch?v=ERl52xsyj0s), LLC\n\nKSF, whose partners include former Louisiana Attorney General Charles C. Foti,\nJr., is one of the nation's premier boutique securities litigation law firms.\nThis past year, KSF was ranked by SCAS among the top 10 firms nationally based\nupon total settlement value. KSF serves a variety of clients, including public\nand private institutional investors, and retail investors - in seeking\nrecoveries for investment losses emanating from corporate fraud or malfeasance\nby publicly traded companies. KSF has offices in New York, Delaware,\nCalifornia, Louisiana, Chicago, and a representative office in Luxembourg.\n\nTOP 10 Plaintiff Law Firms - According to ISS Securities Class Action Services\n\nTo learn more about KSF, you may visit www.ksfcounsel.com.\n\nContact:\n\nKahn Swick & Foti, LLC\nLewis Kahn, Managing Partner\nlewis.kahn@ksfcounsel.com\n1-877-515-1850\n1100 Poydras St., Suite 960\nNew Orleans, LA 70163\n\nCONNECT WITH US: Facebook\n(https://www.facebook.com/profile.php?id=61575733915628) || Instagram\n(https://www.instagram.com/kahn_swick_and_foti/) || YouTube\n(https://www.youtube.com/@kahnswickandfoti) || TikTok\n(https://www.tiktok.com/@kahn.swick.foti) || LinkedIn\n(https://www.linkedin.com/company/ksfcounsel)\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/b66e75b8-42a3-4666-b8fa-64a468417619)\n\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNX5lVfkS","title":"Super Micro Computer, Inc. Notice of May 26, 2026 Application Deadline for Class Action Lawsuits - Contact Lewis Kahn, Esq. at Kahn Swick & Foti, LLC, Before Application Deadline","author":"Globe Newswire","ticker":"SMCI","created":"2026-04-22T03:21:55.108Z","tickers":["SMCI"],"exchange":"NASDAQ","article_body":"NEW YORK and NEW ORLEANS, April 21, 2026 (GLOBE NEWSWIRE) -- Kahn Swick & Foti\n(https://ksfcounsel.com/), LLC (“KSF”) and KSF partner, former Attorney\nGeneral of Louisiana, Charles C. Foti, Jr., notifies investors in Super Micro\nComputer (https://ksfcounsel.com/cases/nasdaqgs-smci-2/), Inc. (“Super\nMicro” or the “Company”) (NasdaqGS: SMCI) of class action securities\nlawsuits.\n\nCLASS DEFINITION: The lawsuits seeks to recover losses on behalf of investors\nof Super Micro who were adversely affected by alleged securities fraud between\nFebruary 2, 2024 and March 19, 2026. Follow the link below to get more\ninformation and be contacted by a member of our team:\n\nhttps://ksfcounsel.com/cases/nasdaqgs-smci-2/\n\nSuper Micro investors should contact KSF Managing Partner Lewis Kahn toll-free\nat 1-877-515-1850 or via email (lewis.kahn@ksfcounsel.com), or visit\nhttps://ksfcounsel.com/cases/nasdaqgs-smci-2/ to learn more.\n\nCASE DETAILS: According to the Complaint, Super Micro and certain of its\nexecutives are charged with failing to disclose material information during\nthe Class Period, violating federal securities laws.\n\nOn March 19, 2026, post-market, the U.S. Department of Justice announced the\nunsealing of an indictment against three individuals associated with the\nCompany, Yih-Shyan Liaw (the Company’s co-founder, director, and Senior Vice\nPresident of Business Development), Ruei-Tsang Chang (“a general manager in\nthe [Super Micro’s] Taiwan office),” and Ting-Wei Sun (“a third-party\nbroker and fixer”), for engaging in a “scheme to divert massive quantities\nof servers housing U.S. artificial intelligence technology to customers in\nChina” violating U.S. export control laws, in order to “drive sales and\ngenerate revenues in violation of U.S. law” and enabled the sale of\n“approximately $2.5 billion worth of servers” between 2024 and 2025.\n\nOn this news, the price of Super Micro’s shares fell $10.26, or 33.3%, to\nclose at $20.53 per share on March 20, 2026.\n\nThe first-filed case is Bhuva v. Super Micro Computer, Inc., et al., No.\n26-cv-02606. A subsequent case, City of Hialeah Employees Retirement System v.\nSuper Micro Computer, Inc., et al., No. 26-cv-3018, expanded the class period.\n\nWHAT TO DO? If you invested in Super Micro and suffered a loss during the\nrelevant time frame, you have until May 26, 2026 to request that the Courts\nappoint you as lead plaintiff; however, your ability to share in any recovery\ndoes not require that you serve as a lead plaintiff.\n\nAbout Kahn Swick & Foti (https://www.youtube.com/watch?v=ERl52xsyj0s), LLC\n\nKSF, whose partners include former Louisiana Attorney General Charles C. Foti,\nJr., is one of the nation's premier boutique securities litigation law firms.\nThis past year, KSF was ranked by SCAS among the top 10 firms nationally based\nupon total settlement value. KSF serves a variety of clients, including public\nand private institutional investors, and retail investors - in seeking\nrecoveries for investment losses emanating from corporate fraud or malfeasance\nby publicly traded companies. KSF has offices in New York, Delaware,\nCalifornia, Louisiana, Chicago, and a representative office in Luxembourg.\n\nTOP 10 Plaintiff Law Firms - According to ISS Securities Class Action Services\n\nTo learn more about KSF, you may visit www.ksfcounsel.com.\n\nContact:\n\nKahn Swick & Foti, LLC\nLewis Kahn, Managing Partner\nlewis.kahn@ksfcounsel.com\n1-877-515-1850\n1100 Poydras St., Suite 960\nNew Orleans, LA 70163\n\nCONNECT WITH US: Facebook\n(https://www.facebook.com/profile.php?id=61575733915628) || Instagram\n(https://www.instagram.com/kahn_swick_and_foti/) || YouTube\n(https://www.youtube.com/@kahnswickandfoti) || TikTok\n(https://www.tiktok.com/@kahn.swick.foti) || LinkedIn\n(https://www.linkedin.com/company/ksfcounsel)\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/b66e75b8-42a3-4666-b8fa-64a468417619)\n\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-04-22T03:21:55.155072618Z","server_sent_at_ms":1776828115155},"received_at":"2026-04-22T03:21:55.208Z","source_url":null},"analysis":{"id":"2743","press_release_id":"3942","analysis_json":{"industry":{"label":"Technology Hardware & Equipment","sector":"Information Technology"},"redFlags":["Federal indictment unsealed against three individuals associated with the company","Alleged violation of U.S. export control laws involving $2.5 billion in sales","Stock price dropped 33.3% following the announcement"],"eventType":"legal_litigation","narrative":"Kahn Swick & Foti notified investors of class action lawsuits against Super Micro Computer regarding alleged securities fraud between February 2, 2024, and March 19, 2026.\n\nThe lawsuit follows a federal indictment unsealed on March 19 alleging company executives engaged in a scheme to divert $2.5 billion worth of AI servers to China in violation of U.S. export control laws.\n\nSuper Micro's stock fell 33.3% on the news, dropping $10.26 to close at $20.53 per share on March 20.","sentiment":"bearish","agentHooks":{"shouldPost":true,"suggestedAngle":"Federal indictment alleges massive export control violation, triggering 33% stock drop and class action suits."},"keyFigures":{"customDimensions":{"scheme_value":"$2.5 billion","share_close_price":"$20.53","share_drop_amount":"$10.26","share_drop_percent":"33.3%"}},"quotedText":"On this news, the price of Super Micro’s shares fell $10.26, or 33.3%, to close at $20.53 per share on March 20, 2026.","namedEntities":{"people":[{"name":"Lewis Kahn","role":"Managing Partner of Kahn Swick & Foti, LLC"},{"name":"Charles C. Foti, Jr.","role":"Partner, former Attorney General of Louisiana"},{"name":"Yih-Shyan Liaw","role":"Co-founder, Director, and Senior Vice President of Business Development"},{"name":"Ruei-Tsang Chang","role":"General Manager in Taiwan office"},{"name":"Ting-Wei Sun","role":"Third-party broker and fixer"}],"products":[],"companies":[{"name":"Super Micro Computer, Inc.","ticker":"SMCI"},{"name":"Kahn Swick & Foti, LLC","relationship":"Plaintiff Counsel"}],"dollarAmounts":[{"amount":"$10.26","context":"share price decline on March 20, 2026"},{"amount":"$20.53","context":"share closing price on March 20, 2026"},{"amount":"$2.5 billion","context":"value of servers sold in alleged scheme"}]},"materialImpact":{"score":5,"reasoning":"Federal indictment unsealed against executives alleging a $2.5B scheme to violate U.S. export control laws, resulting in a 33.3% single-day stock drop. A material, market-moving event with severe legal and financial implications."},"tickerRelevance":{"others":[],"primary":"SMCI"},"eventTypeSecondary":[]},"event_type":"legal_litigation","event_type_secondary":null,"sentiment":"bearish","material_impact_score":5,"narrative":"Kahn Swick & Foti notified investors of class action lawsuits against Super Micro Computer regarding alleged securities fraud between February 2, 2024, and March 19, 2026.\n\nThe lawsuit follows a federal indictment unsealed on March 19 alleging company executives engaged in a scheme to divert $2.5 billion worth of AI servers to China in violation of U.S. export control laws.\n\nSuper Micro's stock fell 33.3% on the news, dropping $10.26 to close at $20.53 per share on March 20.","key_figures":{"customDimensions":{"scheme_value":"$2.5 billion","share_close_price":"$20.53","share_drop_amount":"$10.26","share_drop_percent":"33.3%"}},"named_entities":{"people":[{"name":"Lewis Kahn","role":"Managing Partner of Kahn Swick & Foti, LLC"},{"name":"Charles C. Foti, Jr.","role":"Partner, former Attorney General of Louisiana"},{"name":"Yih-Shyan Liaw","role":"Co-founder, Director, and Senior Vice President of Business Development"},{"name":"Ruei-Tsang Chang","role":"General Manager in Taiwan office"},{"name":"Ting-Wei Sun","role":"Third-party broker and fixer"}],"products":[],"companies":[{"name":"Super Micro Computer, Inc.","ticker":"SMCI"},{"name":"Kahn Swick & Foti, LLC","relationship":"Plaintiff Counsel"}],"dollarAmounts":[{"amount":"$10.26","context":"share price decline on March 20, 2026"},{"amount":"$20.53","context":"share closing price on March 20, 2026"},{"amount":"$2.5 billion","context":"value of servers sold in alleged scheme"}]},"model_name":"glm-4.7","prompt_hash":"sha256:2f2748f0fcc8c4f2","schema_hash":"sha256:ad96b863d7123008","created_at":"2026-04-22T04:30:33.552Z","global_importance":3,"audience_relevance":3,"importance_components":{"method":"backfill-heuristic","signals":{"bodyLong":false,"headlineTier1":false,"tickerCovered":false,"hadSignificance":false},"version":1,"computedAt":"2026-04-27T11:52:53.844Z"}},"durationMs":88280,"modelName":"glm-4.7"}}