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US Justice Division probes Tremendous Micro Pc, WSJ experiences

US Justice Division probes Tremendous Micro Pc, WSJ experiences
September 26, 2024



(Reuters) -The U.S. Division of Justice is investigating Tremendous Micro Pc, the Wall Boulevard Magazine reported on Thursday, mentioning other folks acquainted with the topic, sending the AI server maker’s stocks down.Tremendous Micro Pc had previous this month denied claims made in a document through short-seller Hindenburg Analysis, announcing it contained “false or erroneous statements” concerning the server maker.Hindenburg in August disclosed a brief place in Tremendous Micro and alleged “accounting manipulation” on the corporate, mentioning proof of undisclosed related-party transactions and failure to abide through export controls, amongst different problems.Tremendous Micro didn’t instantly reply to a Reuters request for remark.(Reporting through Akash Sriram in Bengaluru; Enhancing through Shreya Biswas)

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