NVIDIA's Legal Setback: Supreme Court Allows $1 Billion Class-Action to Proceed
On Dec. 11, 2024, the U.S. Supreme Court rejected NVDA's ( NVDA, Financial) appeal of a $1 billion class-action lawsuit, adding to the company's legal scrutiny. First filed in 2018, the case alleges that the GPU giant underreported cryptocurrency mining sales during a shaky crypto market period, causing investors millions of dollars in losses.
US Supreme Court dismisses Nvidia's bid to avoid securities fraud suit
The U.S. Supreme Court dismissed on Wednesday an appeal by artificial intelligence chipmaker Nvidia seeking to avoid a securities fraud lawsuit by shareholders who accused the company of misleading investors about how much of its sales depended on the volatile cryptocurrency market.
The U.S. Supreme Court has dismissed a lawsuit that accuses Nvidia (NVDA) of misrepresenting its reliance on the cryptocurrency mining industry. In a one-sentence opinion, the highest court in ...
Supreme Court dismisses Nvidia's appeal and allows the lower court's ruling, reviving a class action lawsuit alleging ...
The Supreme Court directed the Bar Council of India to facilitate visually impaired law graduates taking the All India Bar ...
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