Super Micro Computer (SMCI) Stock Split, Amidst Federal Probe and Investor Lawsuits- Hagens Berman

SAN FRANCISCO, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Troubled server maker Super Micro Computer's shares are set to begin trading at a lower price on October 1 following a 10-for-1 stock split. The stock split, a common corporate action designed to make shares more affordable, comes after a tumultuous month in which the company grapples with allegations of accounting irregularities and potential wrongdoing. The U.S. Attorney's Office in San Francisco has reportedly contacted individuals with potential knowledge ...