A class-action lawsuit was filed against Nvidia and its CEO Jensen Huang on Nov. 9, accusing them of defrauding shareholders by hiding Huang’s alleged ties with a suspected Chinese spy.
Nvidia launched an independent investigation into Huang on Nov. 8 after he admitted earlier in the day to having an affair with the woman.
The lawsuit, filed by Rosen Law Firm, claims Nvidia and Huang’s statements about the suspected spy and the company she worked for, Megaspeed, were false and misleading.
This is a developing story. Check back for updates.
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