Tuesday, November 10, 2026

Nvidia: Here Come The Securities Class Action Attorneys (NVDA)

From Newsweek, November 10: 

Nvidia CEO Jensen Huang Hit With Lawsuit Over Affair With Alleged China Spy 

Nvidia and its embattled CEO Jensen Huang have been hit with a shareholder lawsuit alleging that the company misled investors by failing to reveal the full extent of and risks associated with the tech boss’s affair.

The company’s share price has declined after reports emerged that U.S. intelligence agencies were probing a relationship between the CEO and Alice Huang, a Chinese national of no relation. Huang admitted to the affair, and the company itself has now opened an investigation into her potential ties to the Chinese state.

And in a class-action lawsuit filed on Monday in the U.S. District Court for the Northern District of California, Huang and Nvidia have been accused of causing shareholders "significant losses and damages." By failing to disclose the affair, shareholders led by Mark Kistenmacher say that the company artificially inflated its share price in potential violation of federal securities law....

....MUCH MORE

Based on what's been disclosed so far, the sexual relationship and the national security implications don't seem nearly as actionable as the actual business with Megaspeed itself and Nvidia's comments on same.

If interested see yesterday's "Culper Research, May 2026: "We are short Nvidia" (NVDA)".