Core Points - The CoreWeave class action lawsuit has been initiated against CoreWeave, Inc. and its executives for alleged violations of the Securities Exchange Act of 1934 during the class period from March 28, 2025, to December 15, 2025 [1] - CoreWeave is accused of overstating its ability to meet customer demand and failing to disclose significant risks associated with its reliance on a single third-party data center supplier [3] - The lawsuit highlights a deal worth up to $11.9 billion with OpenAI and a merger agreement with Core Scientific, which was later terminated due to insufficient shareholder votes [2][4] Allegations and Impact - On October 30, 2025, Core Scientific announced it could not secure enough votes for its merger with CoreWeave, leading to a more than 6% drop in CoreWeave's share price [4] - On November 10, 2025, CoreWeave lowered its revenue guidance due to delays from a third-party data center developer, resulting in a subsequent 16% decline in share price [5] - A December 15, 2025 article from The Wall Street Journal revealed that data center delivery issues were more severe than previously acknowledged, causing an additional 3.4% drop in share 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 for litigation, and participation as lead plaintiff does not affect the ability to share in any potential recovery [8] About the Law Firm - Robbins Geller Rudman & Dowd LLP is a leading law firm specializing in securities fraud and shareholder litigation, having secured over $2.5 billion for investors in 2024 alone [9]
CRWV INVESTOR NOTICE: Robbins Geller Rudman & Dowd LLP Announces that CoreWeave, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit