Mar. 27, 2026
NVIDIA faces class action over alleged crypto-related disclosures
A judge allowed investors to proceed as a class in a securities case against NVIDIA tied to cryptocurrency-related disclosures, finding reliance could be resolved on a classwide basis.
U.S. District Judge Haywood S. Gilliam Jr. certified a class Wednesday in a lawsuit against NVIDIA over alleged securities law violations that occurred in 2018.
Gilliam, who dismissed the case in 2021 before the decision was partially reversed on appeal, expressed skepticism about the plaintiffs' claims but said that NVIDIA -- represented by Cooley LLP and Milbank LLP -- failed to show why he shouldn't certify a class.
"Nevertheless, the Court is not persuade...
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$895, but save $100 when you subscribe today… Just $795 for the first year!
Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)
Already a subscriber?
Sign In