CoreWeave, Inc. Faces Class Action Lawsuit Over Alleged Securities Violations

Core View - CoreWeave, Inc. is facing a class action lawsuit for allegedly violating the Securities Exchange Act of 1934, with claims of false and misleading statements regarding its operations and reliance on a single vendor for data centers [1][5] Legal Issues - The lawsuit targets investors who purchased CoreWeave's securities between March 28, 2025, and December 15, 2025, highlighting undisclosed issues such as the failed acquisition of Core Scientific and delays in data center operations [2][5] - The Schall Law Firm is encouraging affected shareholders to reach out before March 13, 2026, to discuss their rights and potentially join the lawsuit [2] Executive Actions - Michael N. Intrator, CoreWeave's CEO and significant shareholder, sold 1,614 shares at approximately $89.29 each and 1,259 shares at approximately $90.14 each on February 11, 2026, while still retaining 5,793,450 shares [3] Stock Performance - CoreWeave's stock is currently priced at $96.04, showing a slight increase of $0.34 or 0.36%, with fluctuations between a low of $91 and a high of $100.69 on the trading day [4] - Over the past year, the stock has experienced a high of $187 and a low of $33.52, with a market capitalization of approximately $47.86 billion and a trading volume of 23.12 million shares today [4]