Core Viewpoint - A class action lawsuit has been filed against CoreWeave, Inc. and its executives, alleging that they misled investors about the company's ability to scale its AI infrastructure and meet revenue guidance [1][3]. Allegations of Misrepresentation - The lawsuit claims that CoreWeave overstated its capacity to meet strong customer demand while downplaying operational risks associated with reliance on a single third-party data center supplier [2][8]. - Significant delays at the Denton, Texas data center, which were revealed to be months behind schedule, contributed to a market capitalization loss of approximately $14 billion [2][8]. Market Reaction - Following the company's lowered revenue guidance, CoreWeave's stock experienced a 16% drop on November 11, 2025, and further declines occurred after the Wall Street Journal report on construction delays, resulting in billions in lost shareholder value [8]. Legal Proceedings - Hagens Berman is actively advising investors who purchased CoreWeave shares between March 28, 2025, and December 15, 2025, and who suffered significant losses [4]. - The deadline for lead plaintiffs to submit their claims is set for March 13, 2026 [5].
CRWV SHAREHOLDER NOTICE: Hagens Berman Investigating Claims Against CoreWeave, Inc. (CRWV) Over Alleged Data Center Delays and Concealed Infrastructure Risks