STOCK ALERT: CoreWeave, Inc. (CRWV) Stock Plummets 16% Triggering Securities Fraud Class Action, Contact BFA Law before March 13 Deadline
CoreWeave Inc-ACoreWeave Inc-A(US:CRWV) TMX Newsfile·2026-01-19 13:36

Core Points - A class action lawsuit has been filed against CoreWeave, Inc. and certain senior executives for securities fraud following significant stock drops due to potential violations of federal securities laws [1][3] - Investors are encouraged to seek additional information regarding the lawsuit and their legal options [2][9] Company Overview - CoreWeave is an AI-focused cloud computing company that operates data centers providing high-performance GPU infrastructure [4] - The company relies on partnerships, including a merger agreement with Core Scientific announced on July 7, 2025 [4] Allegations and Stock Performance - CoreWeave allegedly overstated its ability to meet customer demand and concealed significant construction delays at its data centers [5] - The stock price dropped significantly due to various announcements: - On October 30, 2025, the stock fell by $8.87 (over 6%) after Core Scientific failed to secure enough shareholder votes for the merger, dropping from $139.93 to $131.06 [6] - On November 10, 2025, the stock dropped by $17.22 (over 16%) after CoreWeave lowered its guidance for revenue and capacity due to delays, falling from $105.61 to $88.39 [7] - On December 15, 2025, the stock decreased by $2.85 (over 3%) following reports of further delays in a major data center project, dropping from $72.35 to $69.50 [8]

CoreWeave Inc-A-STOCK ALERT: CoreWeave, Inc. (CRWV) Stock Plummets 16% Triggering Securities Fraud Class Action, Contact BFA Law before March 13 Deadline - Reportify