SEC Urge Supreme Court to Back Nvidia Crypto Sales Suit

SEC Urge Supreme Court to Back Nvidia Crypto Sales Suit

In a significant development for securities law, the U.S. Justice Department (DOJ) and the Securities and Exchange Commission (SEC) have jointly urged the Supreme Court to revive a class-action lawsuit against Nvidia, claiming the tech giant misled investors about its sales to cryptocurrency miners. Filed on October 2, the amicus brief from U.S. Solicitor General Elizabeth Prelogar and SEC senior attorney Theodore Weiman supports investors' clai...

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