SMCI Faces Class Action Lawsuit

Levi & Korsinsky LLP Announces October 29, 2024 Deadline for Class Action Suit

Investors Encouraged to Contact Levi & Korsinsky for Class Action Suit Against SMCI

New York, New York - October 25, 2023 - Levi & Korsinsky, LLP notifies investors of SMCI's upcoming securities class action deadline of October 29, 2024. The lawsuit alleges that SMCI violated the federal securities laws by making false and/or misleading statements and/or failing to disclose information regarding SMCI's business.

According to the filed complaint, SMCI provided materially false and misleading information to the investing public by failing to disclose that:
• The Company was utilizing an undisclosed third-party supplier to provide its products
• The Company was experiencing significant delays in receiving products from its third-party supplier, which caused the Company to fall behind on customer orders
• As a result of these issues, the Company was unable to meet its financial projections, which led to a decline in the Company's stock price.

If you suffered a loss, contact Levi & Korsinsky for additional information about the case:
• https://www.zlk.com/pslra-1/smci-corporation-loss-submission-form?prid=36656&wire=5
• 800-259-3633 / 561-688-7073
• jlevi@levikorsinsky.com
• ato@levikorsinsky.com

About Levi & Korsinsky, LLP

Levi & Korsinsky, LLP is a national firm with over a decade of experience in representing investors in securities litigation. The firm was recently ranked as one of the top law firms in the country, and has been featured in numerous media outlets. The firm's attorneys have extensive experience in complex litigation and have successfully represented investors in a variety of cases.

Contact:
Levi & Korsinsky, LLP
Joseph Levi
55 Broadway, 10th Floor
New York, NY 10006
jlevi@levikorsinsky.com
ato@levikorsinsky.com
561-688-7073

SOURCE: Levi & Korsinsky, LLP

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