Deadline Soon: CoreWeave, Inc. (CRWV) Shareholders Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz About Securities Fraud Lawsuit
Deadline Soon: CoreWeave, Inc. (CRWV) Shareholders Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz About Securities Fraud Lawsuit
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz reminds investors of the upcoming March 13, 2026 deadline to participate as a lead plaintiff in the securities fraud class action lawsuit filed on behalf of investors who acquired CoreWeave, Inc. (“CoreWeave” or the “Company”) (NASDAQ: CRWV) securities between March 28, 2025 and December 15, 2025, inclusive (the “Class Period”).
IF YOU ARE AN INVESTOR WHO LOST MONEY ON COREWEAVE, INC. (CRWV), CLICK HERE TO PARTICIPATE IN THE SECURITIES FRAUD LAWSUIT.
What Happened?
On July 7, 2025, CoreWeave announced an agreement to acquire Core Scientific, to “significantly enhance operating efficiency and de-risk [its] future expansion, solidifying [its] growth trajectory.”
However, on October 30, 2025, Core Scientific announced that it had not received enough shareholder votes to approve the merger agreement with CoreWeave, terminating the merger.
On this news, CoreWeave’s stock price fell $8.87, or 6.3%, to close at $131.06 per share on October 30, 2025, thereby injuring investors.
Then, on November 10, 2025, after the market closed, CoreWeave released its third quarter 2025 financial results, announcing lowered revenue guidance for 2025 due to “delays related to a third-party data center developer who is behind schedule.”
During market hours, on November 11, 2025, the Company’s CEO revealed the delays concerned not just a single data center, as previously asserted, but a data center provider, with multiple data centers owned by the same provider potentially affected.
On this news, CoreWeave’s stock price fell $17.22, or 16.3%, to close at $88.39 per share on November 11, 2025.
Then, on December 15, 2025, the Wall Street Journal, revealed, among other things, that Core Scientific was the building partner behind the delayed data centers, and that it began flagging the delays nine months prior. The Wall Street Journal also revealed that other data centers would be delayed due to revised design plans.
On this news, CoreWeave’s stock price fell $2.85, or 3.9%, to close at $69.50 per share on December 16, 2025, thereby injuring investors further.
What Is The Lawsuit About?
The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) Defendants had overstated CoreWeave's ability to meet customer demand for its service; (2) Defendants materially understated the scope and severity of the risk that CoreWeave's reliance on a single third-party data center supplier presented for CoreWeave's ability to meet customer demand for its services; (3) the foregoing was reasonably likely to have a material negative impact on the Company's revenue; and (4) as a result, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.
If you purchased or otherwise acquired CoreWeave securities between March 28, 2025 and December 15, 2025, the deadline to seek appointment as the lead plaintiff in the securities fraud class action is March 13, 2026.
Contact Us To Participate or Learn More:
If you wish to learn more about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to the pending class action lawsuit, please contact us:
Frank R. Cruz
The Law Offices of Frank R. Cruz,
2121 Avenue of the Stars, Suite 800,
Century City, California 90067
Email us at: info@frankcruzlaw.com
Call us at: 310-914-5007
Visit our website at www.frankcruzlaw.com
Follow us for updates on Twitter: twitter.com/FRC_LAW
If you inquire by email, please include your mailing address, telephone number, and number of shares purchased.
To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
Contacts
The Law Offices of Frank R. Cruz, Los Angeles
Frank R. Cruz, 310-914-5007
fcruz@frankcruzlaw.com
www.frankcruzlaw.com
