Core Points - A class action lawsuit has been filed on behalf of shareholders who purchased CoreWeave, Inc. securities between March 28, 2025, and December 15, 2025, with a deadline for lead plaintiff motion by March 13, 2026 [1] - The lawsuit alleges that CoreWeave made materially false and misleading statements regarding its business operations and prospects, particularly concerning its reliance on a single third-party data center supplier [7] Company Events - On July 7, 2025, CoreWeave announced an agreement to acquire Core Scientific to enhance operational efficiency, but the merger was terminated on October 30, 2025, due to insufficient shareholder votes [3] - Following the termination of the merger, CoreWeave's stock price fell by $8.87, or 6.3%, closing at $131.06 per share on October 30, 2025 [4] - On November 10, 2025, CoreWeave lowered its revenue guidance for 2025 due to delays from a third-party data center developer, which was revealed to affect multiple data centers [4] - The stock price dropped further by $17.22, or 16.3%, closing at $88.39 per share on November 11, 2025 [5] - On December 15, 2025, it was reported that Core Scientific was the partner behind the delayed data centers, leading to another stock price decline of $2.85, or 3.9%, closing at $69.50 per share on December 16, 2025 [6]
Law Offices of Frank R. Cruz Encourages CoreWeave, Inc. (CRWV) Shareholders To Inquire About Securities Fraud Class Action