Super X AI Technology Limited (SUPX) Accused by J Capital Research of Faking AI Infrastructure; Investors Urged to Contact Award-Winning Firm, Gibbs Mura
OAKLAND, Calif.–(BUSINESS WIRE)–
Shares of Super X AI Technology Limited (“SuperX”) plunged 27% on Friday, September 5, 2025, after J Capital Research published a report alleging that the company is “pretending” that it pivoted to AI when in reality “there is no evidence that SUPX actually is building AI infrastructure or has the expertise or assets to do.” Gibbs Mura is investigating a potential SuperX (NASDAQ: SUPX) Securities Class Action Lawsuit on behalf of shareholders who lost money in SuperX.
What Should SuperX Investors Do?
If you invested in SUPX, visit our SuperX lawsuit investigation webpage, or call us at (888) 410-2925 to get more information about how you may be able to recover your losses. Our investigation concerns whether SuperX has violated federal securities laws by providing false or misleading statements to investors.
What is the SuperX Lawsuit Investigation About?
In June 2025, SuperX, formerly “Junee Limited,” re-branded itself from an interior-design company to a “one-stop AI infrastructure solutions provider.” Now, J Capital Research alleges in a searing September 4, 2025 report that the company’s shift to AI relies on partnership with undisclosed related parties, and its touted AI products are likely “digitally altered images” that appear to be plagiarized from other company websites. SuperX also allegedly told investors in August 2024 that it would collaborate with a company called PanaAI to build “an AI supercomputing center,” but according to J Capital Research, PanaAI is an empty shell and a potential undisclosed party, and it lacks the assets or capabilities to actually build the center.
The J Capital Research report adds that SuperX has a history of scam- and fraud-affiliated managers and board members, including recently terminated CEO Howard Tang, whose license was previously suspended by the Hong Kong SEC after a company he led called Ample Capital Limited—a part owner of SuperX—allegedly ignored fraud.
Following the report, shares of SuperX plummeted 27% on September 5, 2025, causing significant harm to investors.
About Gibbs Mura, A Law Group
Gibbs Mura represents investors nationwide in securities litigation to correct abusive corporate governance practices, breaches of fiduciary duty, and proxy violations. The firm has recovered over a billion dollars for its clients against some of the world’s largest corporations, and our attorneys have received numerous honors for their work, including “Best Lawyers in America,” “Top Plaintiff Lawyers in California,” “California Lawyer Attorney of the Year,” “Class Action Practice Group of the Year,” “Consumer Protection MVP,” and “Top Women Lawyers in California.”
This press release may constitute Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250905032021/en/
CATHERINE CONROY
510.350.9705
[email protected]
KEYWORDS: United States North America California
INDUSTRY KEYWORDS: Class Action Lawsuit Professional Services Legal
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