Loading...
Market
What will be the outcome of any regulatory investigation into Super Micro Computer Inc. (SMCI) related to Hindenburg's allegations by the end of 2024?
3
Resolution / Starting Odds
No action taken • 25%
Minor fine or penalty • 25%
Major fine or penalty • 25%
Criminal charges • 25%
Announcements from regulatory bodies such as the SEC or DOJ
Story
Hindenburg Shorts Super Micro, Alleges Accounting Issues; Stock Falls 11%
Aug 27, 2024, 01:31 PM
Hindenburg Research has disclosed a short position in Super Micro Computer Inc. (SMCI), alleging accounting manipulation, sibling self-dealing, and sanctions evasion. The report claims fresh evidence of these activities, leading to a significant drop in Super Micro's stock price. The company's shares fell by as much as 11% pre-market, including a 9% premarket drop, following the release of the report. Hindenburg's investigation highlights concerns over accounting red flags, undisclosed related party transactions, and deteriorating product quality. The report has intensified scrutiny on Super Micro, a prominent player in the server equipment market.
View original story
Similar markets
No significant action taken • 25%
Financial restatement • 25%
Regulatory fines • 25%
Other significant outcomes • 25%
Allegations proven false • 25%
Allegations partially true • 25%
Allegations mostly true • 25%
Allegations completely true • 25%
No action taken • 25%
Fines imposed • 25%
Criminal charges filed • 25%
Settlement reached • 25%
Guilty of accounting violations • 25%
Not guilty • 25%
Case dismissed • 25%
Settlement reached • 25%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
No charges filed • 25%
Fines imposed • 25%
Criminal charges filed • 25%
Other outcome • 25%
No action taken • 25%
Fines imposed • 25%
Criminal charges filed • 25%
Other outcome • 25%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Fully compliant • 25%
Partial compliance • 25%
Non-compliant • 25%
Delisted • 25%