Judge Certifies Class Action Securities Lawsuit Againt NVIDIA On Alleged Concealed Revenue from GPU Sales

A U.S. federal judge in California certified a class-action securities lawsuit against NVIDIA and its CEO Jensen Huang. The suit alleges that the company concealed more than $1 billion in revenue from GPU sales to cryptocurrency miners during the 2017–2018 crypto boom, improperly booking it as standard gaming demand. The class period covers investors who […] The post Judge Certifies Class Action Securities Lawsuit Againt NVIDIA On Alleged Concealed Revenue from GPU Sales appeared first on Tekedia.

Judge Certifies Class Action Securities Lawsuit Againt NVIDIA On Alleged Concealed Revenue from GPU Sales

A U.S. federal judge in California certified a class-action securities lawsuit against NVIDIA and its CEO Jensen Huang. The suit alleges that the company concealed more than $1 billion in revenue from GPU sales to cryptocurrency miners during the 2017–2018 crypto boom, improperly booking it as standard gaming demand. The class period covers investors who […]

The post Judge Certifies Class Action Securities Lawsuit Againt NVIDIA On Alleged Concealed Revenue from GPU Sales appeared first on Tekedia.

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