Reported 10 days ago
Nvidia is currently engaged in significant Supreme Court cases challenging how investor lawsuits are processed. The company argues that investors accusing CEO Jensen Huang of misleading statements should provide more detailed allegations. During hearings, justices expressed skepticism about Nvidia's arguments, echoing concerns raised in a parallel case involving Meta. The outcome could shape future securities fraud litigation, with the potential to either empower or limit class-action lawsuits against corporations.
Source: YAHOO