Section

US Supreme Court examines Nvidia bid to avoid securities fraud suit

By Economic Times - a week ago
The justices heard arguments in Nvidia's appeal of a lower court's decision allowing a 2018 class action-litigation led by the Stockholm, Sweden-based investment management firm E. Ohman J: or Fonder AB - to proceed. It is one of two cases heard by the Supreme Court this month that could lead to rulings making it harder for private litigants to hold companies to account for alleged securities fraud. The other one, involving Meta's Facebook, was argued on Nov. 6.

Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.