Some Supreme Court justices scrutinized Nvidia's attempt to dodge a securities fraud lawsuit
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The US Supreme Court is reviewing Nvidia's arguments in a class action securities fraud lawsuit. Nvidia is accused of misleading shareholders about sales related to cryptocurrency mining.
November 13, 2024 | 9:45 pm
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Nvidia is under scrutiny by the US Supreme Court in a securities fraud lawsuit, accused of misleading shareholders about cryptocurrency mining-related sales.
The Supreme Court's scrutiny of Nvidia's case could lead to negative sentiment among investors, potentially impacting NVDA's stock price negatively in the short term. Legal challenges often create uncertainty, which can weigh on stock performance.
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