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Class action lawsuit filed against NVIDIA over alleged false statements about CEO's ties to Chinese spy.

Market News
10 Nov 2026, 04:39 WIB
GlobeNewsWire
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Bearish
Class action lawsuit filed against NVIDIA over alleged false statements about CEO's ties to Chinese spy.

The Rosen Law Firm has filed a securities class action lawsuit against NVIDIA Corporation for alleged false and misleading statements regarding CEO Jensen Huang's affair with a suspected Chinese spy linked to a company aiding China in evading export controls. The lawsuit covers purchases of NVIDIA securities between October 9, 2025, and November 8, 2026. Investors who bought shares during this period may be entitled to compensation and must act by January 8, 2027, to serve as lead plaintiff. The case highlights potential national security concerns and reputational risks for NVIDIA, with damages claimed due to the delayed disclosure of these facts.

NVIDIA's shares are trading at USD 181.21 on Pluang as of Nov 10, 2026, 09:51 WIB, down 2.91% in the last day. The stock's 52-week range shows a low of USD 165.17 and a high of USD 239.27, indicating recent price volatility. Pluang data also shows a balanced order activity with 55% Buy and 45% Sell interest among investors.

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