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Nvidia shareholders hit the jackpot. They're suing anyway. [BNN Bloomberg (Canada)]
Last nvidia corporation earnings: 2/13 04:20 pm
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US:NASDAQ Investor Relations: investor.nvidia.com/home/default.aspx
That hasn't deterred plaintiffs' lawyers from pressing a securities fraud class action, opens new tab against the chipmaking giant for nearly eight years, rooted in what proved to be a temporary slide in Nvidia's share price during ?the crypto-market turbulence of 2018. Now, the plaintiffs may be closing in on a pivotal victory. The case is before the Ninth U.S. Circuit Court of Appeals in San Francisco after ?a federal judge last month granted class certification – a make-or-break moment in securities fraud litigation. San Jose, California-based Nvidia has asked the appellate court to take the unusual step of intervening before the lower court proceedings are complete. The company wants the 9th Circuit to overturn U.S. District Judge Haywood Gilliam Jr.'s order certifying a class, opens new tab of investors who allege Nvidia downplayed its dependence on volatile cryptomining-related revenues in 2017 and 2018. Nvidia did not respond to a request for comment. The company's outsi
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