NVIDIA Corp. Free From Potential Class Action Claiming It To Mislead Investors About Income related to cryptocurrency mining after a California federal judge dismissed the case.
Investors in the graphics processing unit designer have disputed some claims by NVIDIA about whether cryptocurrency miners or gamers were behind the increase in sales, but they failed to adequately plead the necessary mindset to liability, United States District Court for the Northern District of California mentionned.
The Private Securities Litigation Reform Act requires investors to allege particular facts giving rise to a strong inference of intent in securities fraud …
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