$CRWV Securities: BFA Law Notifies CoreWeave, Inc. Investors that Suffered Losses of the Important March 13 Securities Class Action Deadline
CoreWeave Inc-ACoreWeave Inc-A(US:CRWV) TMX Newsfile·2026-02-28 11:46

Core Viewpoint - A class action lawsuit has been filed against CoreWeave, Inc. and certain senior executives for securities fraud following significant stock drops attributed to potential violations of federal securities laws [1][3]. 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]. Allegations of Misconduct - The lawsuit claims that CoreWeave misrepresented its ability to meet customer demand and concealed significant construction delays at its data centers, which led to investor losses [5][13]. Stock Performance and Impact - CoreWeave's stock experienced notable declines: - On October 30, 2025, the stock dropped $8.87 (over 6%) after the merger with Core Scientific was terminated due to insufficient shareholder votes, falling from $139.93 to $131.06 [6]. - On November 11, 2025, the stock fell $17.22 (over 16%) after CoreWeave lowered its guidance for revenue and other metrics due to construction delays, dropping from $105.61 to $88.39 [7]. - On December 16, 2025, the stock decreased by $2.85 (over 3%) following reports of further delays in a major data center project, falling from $72.35 to $69.50 [8]. Legal Proceedings - Investors have until March 13, 2026, to request to lead the case in the U.S. District Court for the District of New Jersey, under the caption Masaitis v. CoreWeave, Inc., et al. [3][13].