Securities

Some Supreme Court justices scrutinized Nvidia’s attempt to dodge a securities fraud lawsuit

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Some Supreme Court justices scrutinized Nvidia’s attempt to dodge a securities fraud lawsuit

The US Supreme Court heard Nvidia’s arguments against a class action securities fraud lawsuit. Nvidia is accused of misleading shareholders about cryptocurrency mining-related sales. The company’s lawyers argue… Article Source https://www.businessinsider.com/nvidias-scotus-argument-skepticism-supreme-court-justices-2024-11

Supreme Court Seems Ready to Allow Securities Fraud Case Against Nvidia

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Supreme Court Seems Ready to Allow Securities Fraud Case Against Nvidia

The Supreme Court seemed inclined on Wednesday to allow a lawsuit accusing Nvidia, the giant maker of computer chips, of misrepresenting its reliance on the cryptocurrency mining industry in 2017 and 2018. The argument was the second one this… Article Source https://www.nytimes.com/2024/11/13/us/politics/supreme-court-nvidia-securities-fraud.html

US Supreme Court weighs Nvidia bid to avoid securities fraud suit By Reuters

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US Supreme Court weighs Nvidia bid to avoid securities fraud suit By Reuters

By John Kruzel and Andrew Chung WASHINGTON (Reuters) -The U.S. Supreme Court scrutinized on Wednesday Nvidia (NASDAQ:)’s bid to torpedo a securities fraud lawsuit accusing the artificial intelligence chipmaker of misleading investors about how… Article Source https://www.investing.com/news/stock-market-news/us-supreme-court-to-hear-nvidia-bid-to-avoid-securities-fraud-suit-3719274