Kuznicki Law PLLC notifies investors that a class action has commenced in the United States District Court for the Northern District of California on behalf of shareholders of NVIDIA Corporation who purchased shares between October 9, 2025 and November 8, 2026.
According to the Complaint, throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects.
Specifically, the lawsuit alleges that Defendants made false and/or misleading statements and/or failed to disclose that: (i) Jensen Huang had an affair with a suspected Chinese spy, who also has a role at a company called Megaspeed, which is suspected of helping China evade export controls; (ii) as such, Nvidia’s statements about its relationship with Megaspeed were materially false and misleading at all relevant times; (iii) the foregoing raised concerns in the national security community about Nvidia and, if revealed, presented a material risk to the Company’s reputation and business prospects; and (iv) as a result, Defendants’ public statements were materially false and/or misleading at all relevant times.
If you wish to choose counsel to represent you and the class, you must apply to be appointed lead plaintiff and be selected by the Court. The lead plaintiff will direct the litigation and participate in important decisions including whether to accept a settlement for the class in the action. The lead plaintiff will be selected from among applicants claiming the largest loss from investment in the respective securities during the class periods. Members of the class will be represented by the lead plaintiff and counsel chosen by the lead plaintiff. No class has yet been certified in the above action. Appointment as Lead Plaintiff is not required to partake in any recovery.
Shareholders have until January 8, 2027 to request that the court appoint them lead plaintiff.