News Facebook, Nvidia Make High Court Case Against Investor Suits The tech giants have filed briefs urging the justices to close the "floodgates" of securities lawsuits the companies claim have ...

Aug 21 (Reuters) - For securities class action defendants at the U.S. Supreme Court, calamity is always imminent. In case after case, businesses and their backers routinely warn the justices that ...

The Supreme Court will hear arguments in the Facebook case on Wednesday, November 6, then the Nvidia case on November 13. SCOTUS may be persuaded by tech companies still stuck coping with the ...

Shareholders at Meta sued Zuckerberg, venture capitalist and board member Marc Andreessen, and others to hold them liable for billions in fines.

Ryan Finley explains why the Tax Court’s confirmation of the cost-sharing regulations’ validity was more important than its findings of fact in the case of Facebook.

The Supreme Court on Wednesday dismissed an appeal from Nvidia in a securities lawsuit against the chipmaking giant, allowing the case to move forward. The court dismissed the appeal as ...

Similar to the Court’s refusal to issue an opinion in Facebook, the post-argument dismissal of NVIDIA is unlikely to alter the securities litigation landscape.

The US Supreme Court sidestepped on Wednesday a decision on whether to allow shareholders to proceed with a securities fraud lawsuit accusing artificial intelligence chipmaker Nvidia of misleading ...

The case, which is in an early stage, accused the giant technology company of misleading investors about its exposure to the cryptocurrency industry.

The Supreme Court seems likely to keep alive a class-action lawsuit accusing Nvidia of misleading investors about its dependence on selling computer chips for the mining of volatile cryptocurrency ...

Meta, Facebook’s parent company, and Nvidia are defending against claims—revived by the appeals court—that they misled investors in violation of Section 10 (b) of the Securities Exchange Act.