$CRWV Stock Loss: CoreWeave, Inc. Hit with Securities Fraud Class Action after 16% Stock Drop, Investors have Until March 13 to Contact BFA Law to Seek Appointment
CoreWeave Inc-ACoreWeave Inc-A(US:CRWV) TMX Newsfile·2026-02-20 11:18

Core 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 [4] - The company relies on partnerships, including a merger agreement with Core Scientific announced 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 [5] - The stock price dropped significantly after key announcements: - On October 30, 2025, the stock fell by $8.87 (over 6%) from $139.93 to $131.06 after the merger with Core Scientific was terminated [6] - On November 10, 2025, the stock dropped by $17.22 (over 16%) from $105.61 to $88.39 following lowered guidance due to construction delays [7] - On December 15, 2025, the stock decreased by $2.85 (over 3%) from $72.35 to $69.50 after reports of further delays in a major data center project [8]

CoreWeave Inc-A-$CRWV Stock Loss: CoreWeave, Inc. Hit with Securities Fraud Class Action after 16% Stock Drop, Investors have Until March 13 to Contact BFA Law to Seek Appointment - Reportify