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Nvidia shareholders have filed a lawsuit against the tech company over claims that they were misled regarding CEO Jensen Huang’s affair
An Nvidia shareholder has filed a lawsuit against the company and chief executive Jensen Huang, alleging investors were misled and seeking compensation after the company’s shares fell. The case brings investor scrutiny to questions about Huang’s relationship with a former data centre executive and whether Nvidia information may have been exposed.
The complaint was filed in a California federal court on behalf of shareholder Mark Kistenmacher by Rosen Law Firm. Huang has acknowledged an affair with Alice Huang, a former managing director of Singapore-based Megaspeed, which has allegedly supplied Nvidia chips to Chinese companies. Nvidia says its board has no reason to believe national security or company secrets were compromised, but will examine the available information; Huang has agreed to co-operate.
In short
- An Nvidia shareholder is seeking damages in a California lawsuit.
- The complaint follows a fall in the company’s share value.
- Nvidia says its board is reviewing whether any secrets were compromised.
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