CoreWeave Inc-A(US:CRWV) Globenewswire·2026-03-10 13:21Core Points - A class action lawsuit has been filed against CoreWeave, Inc. on behalf of investors who acquired securities during the period from March 28, 2025, to December 15, 2025 [1][3] - The lawsuit alleges misrepresentations regarding CoreWeave's ability to meet customer demand and risks associated with reliance on a single third-party data center provider [3] - Following its initial public offering at $40 per share, CoreWeave's stock reached $183.58 by June 20, 2025, but investors faced significant losses when the truth about the company's operations was revealed starting in October 2025 [3] Company Overview - CoreWeave is an AI cloud computing company based in Livingstone, NJ, providing advanced AI infrastructure and proprietary software [2] - The company went public in March 2025, with a strong initial performance that later faced scrutiny due to the allegations in the lawsuit [3] Legal Context - Investors have until March 13, 2026, to seek appointment as lead plaintiff representatives in the class action [2] - Berger Montague, the law firm handling the case, is recognized for its expertise in complex civil litigation and has recovered over $50 billion for clients in various cases [4]