NVIDIA Corporation Class Action Lawsuit - NVDA

Company
NVIDIA Corporation (NASDAQ: NVDA)
Class Period
August 6, 2019 - August 6, 2024

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Allegations

Nvidia is the subject of a report by The Information published on August 2, 2024. According to the report, the Company's "upcoming [Blackwell B200] artificial intelligence chips will be delayed by three months or more due to design flaws" discovered "unusually late in the production process." Following this news, shares of Nvidia fell sharply in intraday trading on August 5, 2024.The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

Eligibility

In order to be eligible to join the NVDA class action lawsuit, you must have incurred a loss on shares of NVIDIA purchased during the class period listed above.

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