Super Micro Computer‘s, shares jumped on Monday after it got good news from an internal investigation into its accounts.The probe into why its auditor quit, forcing it to delay earnings, found no evidence of fraud or misconduct.

Super Micro Computer surged more than 15% after a special committee ruled that it found "no evidence of misconduct" at the embattled AI server maker.

The server maker said evidence reviewed by its special committee didn’t raise substantial concerns about its senior management or audit committee.

Super Micro Computer has begun the search for a new finance chief based on recommendations made by a special committee formed to look into the AI server maker's accounting practices, the company said on Monday.

Super Micro Computer Inc (NASDAQ:SMCI) shares are trading higher Monday after the company announced the completion of its review by an independent special committee.

The investigation took over three months and did find some lapses in processes. As part of the investigating committee’s recommendations, Super Micro will appoint a new chief financial officer, chief compliance officer and general counsel, and has named Kenneth Cheung, previously the vice president of finance, as its new chief accounting officer.

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Super Micro Computer Inc. said an external review of its business by a special committee of its board and external counsel found no evidence of wrongdoing and that the company will appoint new top financial leadership.