Super Micro Computer Shares Spike 29% After Company Says Review Found ‘No Evidence’ Of Fraud
Super Micro’s former auditor raised concerns in July about the company’s accounting practices and internal financial controls.
Super Micro Computer surges 31% after the company says committee found no evidence of misconduct
Super Micro Computer soared Monday after a special committee's review found no evidence of misconduct. EY had resigned as auditor in October.
Super Micro Shares Surge as Internal Review Clears Leadership of Misconduct
Ernst & Young (EY) resigned in October after raising concerns about transparency and governance, prompting the review.
Super Micro’s shares jump after server maker says review finds no evidence of misconduct
Just over a month after Ernst & Young resigned as its public accounting firm, Super Micro Computer says a review committee has found no evidence of fraud or misconduct among the server maker’s leadership.
Super Micro Says Accounting Review Clears Management, Plans to Replace CFO
Super Micro Computer shares rose after the company said a final review showed no evidence of fraud or misconduct by its management or board relating to accounting issues that have dragged on the stock in recent weeks.
Super Micro Computer pops 14% after special committee finds no ‘evidence of misconduct'
Super Micro Computer surged more than 14% after a special committee ruled that it found “no evidence of misconduct” at the embattled AI server maker.
Thinking of Buying Super Micro Computer Stock? 3 Things You Should Know
Super Micro Computer (SMCI -6.93%), the AI server maker, has taken investors on a wild ride over the last three months. The company's troubles began with a short-seller report fro
Stock in Super Micro Computer Jumps After It Ends Accounting Review
Shares in Super Micro Computer surged more than 20% after the company said a review of its accounting hadn't supported claims made by former auditor Ernst & Young, or raised major concerns about senior management.
Super Micro to Hire New CFO, Says Independent Review Finds No Evidence of Fraud
Super Micro Computer has begun the search for a new finance chief based on recommendations made by a special committee formed to look into the AI server maker's accounting practices, the company said on Monday.
Should You Forget Super Micro Computer and Buy These 2 Millionaire-Maker AI Stocks Instead?
Microsoft and Broadcom are more stable long-term AI plays. Super Micro Computer's stock soared more than 30% on Nov. 19 after it appointed a new independent auditor and submitted a compliance plan to Nasdaq to avoid a potential delisting.
Super Micro Review Finds No Evidence of Fraud; CFO Replaced
Super Micro Computer Inc. said an independent review of its business found no evidence of misconduct but recommended that the server maker appoint new top financial and legal leadership.
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Super Micro shares soar 31% after company names new auditor to help keep Nasdaq listing
Super Micro, which has been battered by bad headlines in recent weeks, said on Monday that it hired BDO as its independent ...
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Standard Meat execs accept national award from Ernst & Young
DALLAS – Ben Rosenthal and Ashli Rosenthal Blumenfeld, co-presidents of Standard Meat Co. (SMC) were announced as recipients ...
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Need for 'Right to Disconnect'
The tragic death of Anna Sebastian Perayil, a 26-year-old employee at Ernst & Young (EY), from cardiac arrest after her first ...