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’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 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 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.
Super Micro’s stock soars as internal probe finds no evidence of fraud by management
Shares of Super Micro Computer Inc. shot up 18.4% in premarket trading Monday, after the server maker and artificial-intelligence play said it completed its investigation into accounting issues and found no evidence of fraud or misconduct by management.
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 Computer stock surges 23% after a probe clears management of misconduct
Shares of Super Micro Computer (SMCI) (SMCI) soared 23% on Monday morning following the announcement that an independent special committee had concluded its investigation into the company’s operations and found no evidence of misconduct by the company’s management or Board of Directors.
Super Micro jumps as internal review finds no misconduct; to replace CFO
Super Micro Computer (NASDAQ:SMCI) was up around 13% on Monday after an independent special committee found no evidence of misconduct by the board of directors or audit cozsxmmittee. No restatement of reported financials is expected based on the findings on the review.
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 ...
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Eagle Pharmaceuticals Dismisses Ernst & Young LLP as Independent Registered Public Accounting Firm
While EY’s previous audit reports for Eagle Pharmaceuticals did not raise any adverse opinions or disclaimers of opinion, the company’s Audit Committee had determined that the audited ...
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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 ...
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 ...
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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 ...
Super Micro Computer: Auditor Increases Odds Of Continued Nasdaq Listing -- Hold
Super Micro Computer, Inc.'s new audit firm, BDO, bringing credibility, but the shares outlook remains cautious. Read why I ...
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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 ...