


Supreme Court Moves Forward with Nvidia Class-Action Lawsuit
The Supreme Court allows a class-action lawsuit against Nvidia, centering on accusations of misleading investors regarding cryptocurrency sales influence.
Subscribe to unlock this story
We really don't like cutting you off, but you've reached your monthly limit. At just $5/month, subscriptions are how we keep this project going. Start your free 7-day trial today!
Get StartedHave an account? Sign in
Overview
The U.S. Supreme Court has upheld a class-action lawsuit against Nvidia, accusing the company of misleading investors about its dependence on cryptocurrency sales. The case follows significant stock price drops after a decline in cryptocurrency profitability. Nvidia's argument for dismissal was rejected, leaving the appeals court ruling intact. The suit, initially filed in 2018, highlights corporate accountability and comes amid other legal challenges for Nvidia, including investigations into potential anti-monopoly violations in China.
Report issue

Read both sides in 5 minutes each day
Analysis
Analysis unavailable for this viewpoint.
Articles (3)
Center (2)
History
- This story does not have any previous versions.