CoreWeave Inc-A(US:CRWV) TMX Newsfile·2026-02-14 11:46Core 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, relying on partners like Core Scientific for development [4] - The company announced a merger agreement with Core Scientific 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, despite assuring investors of its competitive strengths [5] - The stock price dropped significantly following key events: - On October 30, 2025, the termination of the merger agreement led to a drop of $8.87 per share (over 6%) from $139.93 to $131.06 [6] - On November 10, 2025, lowered guidance for revenue and capacity due to construction delays caused a drop of $17.22 per share (over 16%) from $105.61 to $88.39 [7] - On December 15, 2025, reports of further delays in a major data center project resulted in a drop of $2.85 per share (over 3%) from $72.35 to $69.50 [8]