Super Micro Computer said it was informed that the U.S. Attorney’s Office for the Southern District of New York unsealed an indictment against three people associated with the company in an alleged export-control conspiracy.
The individuals named are Yih-Shyan “Wally” Liaw, a senior vice president of business development and board member; Ruei-Tsang “Steven” Chang, a sales manager in Taiwan; and Ting-Wei “Willy” Sun, a contractor. Supermicro said it placed the two employees on administrative leave and ended its relationship with the contractor immediately.
The company said the conduct alleged in the indictment violated its policies and compliance controls and involved efforts to circumvent export-control laws and regulations. Supermicro said it has been cooperating with the government’s investigation and will continue to do so.
Supermicro also said it has not been named as a defendant in the indictment. Check out the company's full 8-K submission here.
