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City of Hialeah Employees Retirement System v. Super Micro Computer, Inc. et al - Securities Violations

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Summary

The City of Hialeah Employees Retirement System filed a class action securities lawsuit against Super Micro Computer, Inc. and individual defendants Charles Liang, Yih-Shyan Liaw, and David Weigand in the Northern District of California. The complaint alleges violations of federal securities laws and seeks damages for the plaintiff class. The case is filed under the Class Action Private Securities Litigation provision.

What changed

A securities class action complaint was filed in the Northern District of California alleging that Super Micro Computer, Inc. and named officers violated federal securities laws. The case was filed by the City of Hialeah Employees Retirement System seeking damages for itself and similarly situated investors.

Affected investors and companies should monitor this litigation for class certification and any related regulatory investigations. Public companies and their officers face heightened scrutiny from securities class actions, and discovery may yield adverse findings about internal controls or financial reporting practices.

What to do next

  1. Monitor litigation developments for class certification
  2. Assess exposure if holdings include Super Micro Computer
  3. Consult securities counsel regarding potential claims

Archived snapshot

Apr 8, 2026

GovPing captured this document from the original source. If the source has since changed or been removed, this is the text as it existed at that time.

City of Hialeah Employees Retirement System v. Super Micro Computer, Inc. et al

Case Number: 5:26-cv-03018 Location: San Jose Case Type: Civil Case Basis: Federal Question Nature of Suit: Securities/Commodities Date Filed:

April 8, 2026

Last Filing Date:

April 8, 2026

View Publicly Available Documents Case Summary No summary of this case is available

Recent Filings

| Date Filed | Docket Number | Document Description |
| --- | --- | --- |
| 04-08-26 | 1 | COMPLAINT for Violations of the Federal Securities Laws against Charles Liang, Yih-Shyan Liaw, Super Micro Computer, Inc., David Weigand ( Filing fee $ 405, receipt number ACANDC-21846427.). Case filed under the Class Action Private Secu |
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Last updated

Classification

Agency
NDCA
Filed
April 8th, 2026
Instrument
Enforcement
Legal weight
Binding
Stage
Final
Change scope
Substantive
Document ID
5:26-cv-03018
Docket
5:26-cv-03018

Who this affects

Applies to
Public companies Investors Technology companies
Industry sector
5112 Software & Technology
Activity scope
Securities class action Securities fraud litigation Investor claims
Geographic scope
United States US

Taxonomy

Primary area
Securities
Operational domain
Legal
Compliance frameworks
SOX
Topics
Corporate Governance

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