on Berger Montague (Canada) PC
Berger Montague (Canada) PC Represents SMCI Investors in Class Action
Toronto-based law firm Berger Montague (Canada) PC has initiated a shareholder class action representing investors in Super Micro Computer, Inc. (SMCI). This follows concerns highlighted by Ernst & Young LLP (E&Y), which resigned as SMCI’s auditor in 2024, citing governance and transparency issues. E&Y's departure was aligned with a report by Hindenburg Research alleging improper revenue practices and undisclosed sales to sanctioned countries.
On March 19, 2026, following disclosures of over $2 billion in illegal sales to China, SMCI's share price plummeted by approximately 30% to $6.70 CAD. While a U.S. class action is ongoing, it does not cover international investors. Berger Montague (Canada) PC invites affected parties to contact them for more information on the case.
R. P.
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