NVIDIA Shareholder Lawyer Responds: Trump's Attitude Does Not Determine the Direction of Class Action
2026-11-11 19:32:18
According to CoinMeta, NVIDIA shareholders have filed a class-action lawsuit against NVIDIA and its founder, Jensen Huang, accusing them of misguiding investors through improper conduct. The case stemmed from Jensen Huang's recent admission of an extramarital affair on the company's website. U.S. President Donald Trump publicly supported Jensen Huang at a White House press conference, stating, "I believe in him (Jensen Huang)." In response, Lawrence Rosen, the attorney representing the class-action lawsuit, stated that even if Trump's claims that Jensen Huang was unaware of the affairs and NVIDIA's board of directors' assertion that national security was not compromised are true, they cannot determine the outcome of the case. The key to this lawsuit lies in whether the statements made on October 9, 2025, were misleading, and the current evidence supports this conclusion. For now, the lawsuit is only targeting NVIDIA and Jensen Huang; it is not yet determined whether additional defendants, including members of NVIDIA's board of directors, will be added.
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Source:Jin10 Data
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