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Supreme Court dismisses NVIDIA’s securities fraud appeal

SCOTUSBlog

Share The justices on Wednesday dismissed a dispute over a securities fraud case brought against graphics chip maker NVIDIA. Shareholders argued that NVIDIA did not disclose the extent to which sales to crypto-miners, rather than gaming companies, put their shares at risk. The court heard NVIDIA Corp v.

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“Supreme Court Seems Ready to Allow Securities Fraud Case Against Nvidia; The case, which is in an early stage, accused the giant technology company of misleading investors about its exposure to the cryptocurrency industry”

HowAppealing

“Supreme Court Seems Ready to Allow Securities Fraud Case Against Nvidia; The case, which is in an early stage, accused the giant technology company of misleading investors about its exposure to the cryptocurrency industry”: Adam Liptak of The New York Times has this report. ” The U.S. ” The U.S. .”

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Uber Targeted by Hackers Seeking Fame Over Money

The Crime Report

chip maker Nvidia Corp., Microsoft Corp. The groups prey on the systems companies have set up to operate efficiently during an era of remote work, targeting company help desks and the systems companies use to reset passwords and remotely access corporate networks. and others.

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NVIDIA Board, Officers Sued In Del. Over Crypto GPU Crunch

Law 360

NVIDIA Corp. stockholders launched a long-pending derivative suit Thursday seeking damages on the company's behalf for alleged director and officer insider trading and failure to fully disclose the volatility behind booming sales of specialized graphic processing boards to cryptocurrency miners.

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New Intelligize Report Delves into Non-GAAP Measures Influencing Exec Comp

Intelligize Blog

Namely, rank-and-file workers decried the hefty pay packages doled out to C-suite occupants, while executives fired back with arguments that their performance and value to their companies justified their compensation. Importantly, the rule carves out space for a company-selected measure, which may include non-GAAP performance measures.

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Meet The Attys Arguing Nvidia Securities Case At High Court

Law 360

Supreme Court on Wednesday to argue a closely watched case that could change the pleading standards shareholders have to meet to sue companies like Nvidia Corp. Two former BigLaw colleagues and a onetime Consumer Financial Protection Bureau litigator are set to appear before the U.S.

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Justices Puzzled By Nvidia's Position In Investor Case

Law 360

Supreme Court justices on Wednesday seemed to regret the decision to hear a dispute between chipmaker Nvidia Corp. and its investors, wondering whether a disagreement over what the company knew about its sales to crypto miners has any bearing on other securities class action lawsuits.

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