NEW ORLEANS, Jan. 25, 2019 /PRNewswire/ -- ClaimsFiler, a
FREE shareholder information service, reminds investors that they
have until February 19, 2019
to file lead plaintiff applications in a securities class action
lawsuit against NVIDIA Corporation (NasdaqGS: NVDA), if they
purchased the Company's shares between August 10, 2017 and November 15, 2018, inclusive (the "Class
Period"). This action is pending in the United States District Court for the
District of Northern District of California.
Get Help
NVIDIA investors should visit us at
https://www.claimsfiler.com/cases/view-nvidia-corporation-securities-litigation-2
or call toll-free (844) 367-9658. Lawyers at Kahn Swick &
Foti, LLC are available to discuss your legal options.
About the Lawsuit
NVIDIA and certain of its executives are charged with failing to
disclose material information during the Class Period, violating
federal securities laws.
On November 15, 2018, the Company
disclosed significant cuts to its Q4 revenue guidance, a decline of
over 7% (compared to 17% growth expected by investors), due to
inventory buildup of midrange GPUs (graphics processing units)
caused by the rapid fade of the cryptocurrency mining market.
On this news, the price of NVIDIA's shares plummeted.
The case is Iron Workers Local 580 Joint Funds v. NVIDIA
Corporation, et al., No. 18-cv-7669.
About ClaimsFiler
ClaimsFiler has a single mission: to serve as the information
source to help retail investors recover their share of billions of
dollars from securities class action settlements. At
ClaimsFiler.com, investors can: (1) register for free to gain
access to information and settlement websites for various
securities class action cases so they can timely submit their own
claims; (2) upload their portfolio transactional data to be
notified about relevant securities cases in which they may have a
financial interest; and (3) submit inquiries to the Kahn Swick
& Foti, LLC law firm for free case evaluations.
To learn more about ClaimsFiler, visit www.claimsfiler.com.
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SOURCE ClaimsFiler