NVIDIA office in San Jose, California. (Photo: Jason Doiy/ALM) Supreme Court Takes Up NVIDIA Stock-Drop Appeal
The legal question in the case deals with the pleading standard plaintiffs must meet under the 1995 Private Securities Litigation Reform Act, which was enacted to deter frivolous securities lawsuits.
June 17, 2024 at 11:44 AM
4 minute read
The U.S. Supreme Court on Monday agreed to hear NVIDIA's appeal seeking to beat a stock-drop suit filed by investors claiming the tech company made false and misleading statements about the impact of cryptocurrency sales on its business.
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