May 24th(PCB UNION)——Sanmina Corp.(NASDAQ: SANM) is currently under investigation for potential securities law violations by multiple law firms, including Kirby McInerney LLP, Howard G. Smith, and Block & Leviton. The law firms are investigating whether the company committed securities law violations and may file an action to attempt to recover losses on behalf of investors who have lost money.

The investigation follows Sanmina Corp.'s disclosure, after the market closed on May 11, 2023, that its previously issued financial statements for the fiscal years ending 2020, 2021, 2022, and the quarter ending December 31, 2022, should no longer be relied upon due to material misstatements related to inappropriate and unsupported adjustments to cost estimates for certain contracts and other financial reporting control issues. 

Shares of Sanmina Corp. stock dropped more than 5% in intraday trading after the market opened on May 12, 2023. 

Investors who have lost money in their Sanmina Corp. investment are urged to contact the law firms to learn more about how they might recover those losses. 

About Sanmina 

Sanmina designs, manufactures, and repairs some of the most complex and innovative optical, electronic, and mechanical products in the world. Recognized as a technology leader, Sanmina provides end-to-end design, manufacturing, and logistics solutions, delivering superior quality and support to Original Equipment Manufacturers (OEMs) primarily in the industrial, medical, defense and aerospace, automotive, communications networks, and cloud solutions sectors. 

Quick facts about Sanmina: 

● Founded in Silicon Valley in 1980 as Sanmina 

● Corporate Headquarters: San Jose, California 

● Chairman and Chief Executive Officer: Jure Sola 

● Revenue of $7.89B for fiscal year 2022 

● Publicly traded under the NASDAQ ticker symbol: SANM 

● Approximately 35,000 employees worldwide 

● Global operations in 20 countries on 6 continents 

● Fortune 500 Company 

Sanmina's printed circuit board manufacturing locations are in the United States, Singapore, and China, as shown in the following diagram.