Hagens Berman Investigating Claims Against CoreWeave, Inc. (CRWV) Over Alleged Data Center Delays and Concealed Infrastructure Risks

Core Viewpoint - Hagens Berman is alerting investors about a pending class action against CoreWeave, Inc. (NASDAQ: CRWV) for allegedly misleading the market regarding its AI infrastructure scalability and revenue guidance [1][3] Allegations of Misrepresentation - The lawsuit claims that CoreWeave overstated its capacity to meet customer demand and downplayed operational risks associated with reliance on a single third-party data center supplier [2][6] - Significant delays at the Denton, Texas data center were concealed, with completion pushed back by several months due to construction hurdles, contradicting management's claims of "rapid scaling" [6] Market Impact - Following the revelation of these delays, CoreWeave's market capitalization fell by approximately $14 billion, including a 16% drop on November 11 after the company lowered its guidance [2][6] - The stock's decline continued after a Wall Street Journal report highlighted the construction delays, resulting in substantial losses for shareholders [6] Legal Proceedings - The lead plaintiff deadline for the class action is set for March 13, 2026, and investors who purchased shares during the class period (March 28, 2025 – December 15, 2025) are encouraged to report their losses [4][5]