fortune.com

Supermicro Board Clears CEO in $2.5B Smuggling Allegations as Probes Continue

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Supermicro said its board investigation found no evidence the CEO and senior management knew about an alleged smuggling ring tied to $2.5 billion in sales, but it provided few details. Separate developments continued: four employees were detained in Taiwan, the company received a federal grand jury subpoena in New York, Liaw pleaded not guilty and trial was pushed back, and Supermicro terminated some sales and support personnel for code or policy violations.

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