Nvidia Corp. investors are seeking class-action status in a lawsuit against the company following the collapse of its cryptocurrency business.
The initial complaint, filed Dec. 28 with the United States District Court of Northern California, alleges the Santa Clara-based chipmaker was untruthful with investors about growth from its cryptocurrency-mining business and was ill-prepared to adapt to the changing market. The complaint notes that the weakened demand had a negative impact on shares and…
