Core Points - The law firm Robbins Geller Rudman & Dowd LLP has announced a class action lawsuit against CoreWeave, Inc. for alleged violations of the Securities Exchange Act of 1934, with a deadline for lead plaintiff applications set for March 13, 2026 [1] - CoreWeave is positioned as an AI cloud computing company and had announced a significant deal worth up to $11.9 billion with OpenAI shortly before its IPO on March 10, 2025 [2] - The lawsuit claims that CoreWeave and its executives made misleading statements regarding the company's ability to meet customer demand and the risks associated with reliance on a single third-party data center supplier [3] Company Developments - On October 30, 2025, Core Scientific announced it did not receive enough shareholder votes to approve its merger with CoreWeave, leading to the termination of the merger agreement, which caused CoreWeave's share price to drop by over 6% [4] - On November 10, 2025, CoreWeave lowered its revenue guidance for 2025 due to delays from a third-party data center developer, resulting in a further decline of over 16% in share price the following day [5] - A December 15, 2025 article from The Wall Street Journal revealed that delays in data center delivery were more severe than previously acknowledged, causing an additional 3.4% drop in CoreWeave's share price [6]
INVESTOR DEADLINE: CoreWeave, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit