LOS ANGELES--(BUSINESS WIRE)--CoreWeave, Inc. Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights – CRWV. ...

Core Viewpoint - A class action lawsuit has been filed against CoreWeave, Inc. and its senior executives for securities fraud following significant stock drops attributed to potential violations of federal securities laws [1][3]. Company Overview - CoreWeave is an AI-focused cloud computing company that operates data centers providing high-performance GPU infrastructure, relying on partnerships for development [4]. Allegations of Securities Fraud - The lawsuit claims that CoreWeave misrepresented its ability to meet customer demand and concealed construction delays at its data centers, despite assurances of robust demand and competitive strengths [5]. Stock Performance and Impact - On October 30, 2025, CoreWeave's stock dropped by $8.87 (over 6%) after the termination of a merger agreement with Core Scientific due to insufficient shareholder votes [6]. - Following a revenue guidance reduction on November 10, 2025, the stock fell by $17.22 (over 16%) due to delays from a third-party data center developer [7]. - A report on December 15, 2025, regarding further delays in a major data center project led to an additional drop of $2.85 (over 3%) in stock price [8].

Core Points - The CoreWeave class action lawsuit involves allegations against CoreWeave, Inc. and its executives for violations of the Securities Exchange Act of 1934 during the class period from March 28, 2025, to December 15, 2025 [1] - The lawsuit claims that CoreWeave overstated its ability to meet customer demand and failed to disclose significant risks associated with its reliance on a single third-party data center supplier [3] - CoreWeave's stock price experienced significant declines following announcements related to merger agreements and lowered revenue guidance, with a drop of over 6% after the termination of the merger with Core Scientific and a further decline of more than 16% after revenue guidance was lowered due to delays [4][5] Allegations and Events - CoreWeave announced a deal worth up to $11.9 billion with OpenAI for AI infrastructure shortly before its IPO [2] - The lawsuit alleges that on October 30, 2025, Core Scientific did not receive enough shareholder votes to approve its merger with CoreWeave, leading to the termination of the agreement [4] - On November 10, 2025, CoreWeave lowered its revenue guidance due to delays from a third-party data center developer, which was later revealed to involve multiple data centers owned by the same provider [5] - A December 15, 2025 article from The Wall Street Journal reported that delays in data center delivery were more severe than previously acknowledged, causing an additional drop of 3.4% in CoreWeave's stock price [6] Legal Process - Investors who purchased CoreWeave securities during the class period can seek appointment as lead plaintiff in the class action lawsuit, representing the interests of all class members [7] - The lead plaintiff has the authority to select a law firm to litigate the case and does not need to be the lead plaintiff to share in any potential recovery [8]

Core Points - Investors with substantial losses in CoreWeave, Inc. have until March 13, 2026, to file lead plaintiff applications in a securities class action lawsuit [1] - The class action pertains to investors who purchased or acquired the company's securities between March 28, 2025, and December 15, 2025, inclusive [1]

Core Points - A class action lawsuit has been filed against CoreWeave, Inc. for violations of the Securities Exchange Act of 1934 [1] - The lawsuit pertains to investors who purchased CoreWeave's securities between March 28, 2025, and December 15, 2025 [2] - The complaint alleges that CoreWeave made false and misleading statements regarding its ability to meet customer demand and downplayed risks associated with relying on a single third-party vendor for data centers [4] Company Operations - CoreWeave's failed acquisition of Core Scientific and delays in bringing data centers online contributed to the misleading public statements [4] - The truth about CoreWeave's operations was revealed through media reporting, leading to investor damages when the market learned the facts [4] Legal Representation - The Schall Law Firm is representing investors globally and specializes in securities class action lawsuits [5] - Investors are encouraged to contact the firm to discuss their rights and potential participation in the lawsuit [3]

Core Points - A class action lawsuit has been filed against Coreweave, Inc. for alleged misstatements regarding its ability to meet customer demand and the risks associated with reliance on a single third-party data center supplier [2][6] - Investors who suffered losses during the class period from March 28, 2025, to December 15, 2025, can request lead plaintiff appointment until March 13, 2026 [1][6] Financial Impact - On October 30, 2025, Coreweave's shares fell by approximately 5.5%, from $133.71 to $126.32, following the announcement of the termination of its merger agreement with Core Scientific due to insufficient shareholder votes [3] - Following a press release on November 10, 2025, regarding lowered guidance due to delays from a third-party data center, Coreweave's shares dropped by about 16.3%, from $105.61 to $88.39 [4] - An article published on December 15, 2025, highlighted further delays in the completion of a significant data center project, leading to a decline of approximately 7.9% in share price, from $78.59 to $72.35 [5] Company Statements - Coreweave maintains that its strategy remains unchanged despite the challenges faced, emphasizing a commitment to long-term shareholder value through strategic mergers and acquisitions [3] - Co-founder Michael Intrator initially stated that the quarter's performance was as planned, except for delays at a singular data center, later clarifying the issue pertained to a singular data center provider [4]

Core Points - Rosen Law Firm has announced a class action lawsuit on behalf of purchasers of CoreWeave, Inc. securities between March 28, 2025, and December 15, 2025, inclusive [1] - Investors who purchased CoreWeave securities during the class period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2] - A lead plaintiff must move the Court by March 13, 2026, to represent other class members in the litigation [3] Case Details - The lawsuit alleges that CoreWeave's defendants made false and misleading statements regarding the company's ability to meet customer demand and understated risks associated with reliance on a single third-party data center supplier [5] - The lawsuit claims that these misstatements were likely to have a material negative impact on CoreWeave's revenue, leading to investor damages when the truth was revealed [5] Legal Representation - Investors are encouraged to select qualified counsel with a successful track record in securities class actions, as Rosen Law Firm has achieved significant settlements for investors, including over $438 million in 2019 [4]

Core Points - A class action lawsuit has been announced by Rosen Law Firm on behalf of purchasers of CoreWeave, Inc. securities between March 28, 2025, and December 15, 2025, alleging misleading statements regarding the company's business operations [1][2] - The lawsuit claims that CoreWeave overstated its ability to meet customer demand and materially understated risks associated with reliance on a single third-party data center supplier, which could negatively impact revenue [3] - Investors are encouraged to participate in the class action, with a deadline for lead plaintiff motions set for March 13, 2026 [4] Company Overview - CoreWeave, Inc. is described as an AI cloud computing company [1] - The firm has faced allegations of misleading investors about its operational capabilities and risks [2][3] Legal Representation - Rosen Law Firm specializes in securities class actions and has a track record of recovering over $1 billion for shareholders [6]

CoreWeave (CRWV) shares extended gains on Jan. 12 after Michael Intrator – the company’s chief executive – addressed investor concerns regarding GPU depreciation on a Big Technology podcast. Intrator’s 11% ownership stake signals substantial personal financial alignment with CRWV’s long term success, which is why his rebuttal to bear case arguments has resonated well with institutional investors. More News from Barchart Despite recent gains, CoreWeave stock remains down more than 40% versus its 52-week ...

Core Points - A shareholder has filed a securities class action lawsuit on behalf of investors who purchased or acquired CoreWeave, Inc. securities between March 28, 2025, and December 15, 2025 [1] - The lawsuit alleges that the defendants made misrepresentations regarding the Company's ability to meet customer demand for its services [2] - Interested parties can file to serve as lead plaintiff by March 13, 2026, with no fees or expenses for shareholders [3] Company Background - Bernstein Liebhard LLP has recovered over $3.5 billion for clients since 1993 and has represented both individual investors and large public and private pension funds [4]