New Hindenburg report claims $35 billion server maker Super Micro Computer engaged in 'accounting manipulation'
Hindenburg Research's latest report accuses Super Micro Computer of severe accounting manipulation and sanctions evasion, causing an 8% drop in its Nasdaq-listed shares. The investigation reveals ongoing issues despite a previous SEC settlement and highlights problematic related party transactions. Super Micro, a major Silicon Valley server manufacturer, faces renewed scrutiny over its financial practices and corporate governance.