The race is on to sue Nvidia

Nvidia’s stock slid following the board's announcement of an investigation into CEO Jensen Huang regarding his relationship with Alice Huang, an executive monitored by U.S. intelligence as an alleged Chinese spy. Securities law firms have begun launching investigations and preparing shareholder class-action lawsuits, arguing that Nvidia's earlier characterization of the relationship was misleading. While legal experts note that civil securities fraud claims could result in expensive settlements for the company and its insurers, criminal charges or immediate government action remain unlikely. Open article →