Securities Fraud Class Action Lawsuit Pending Against NVIDIA Corporation: The Law Offices of Howard G. Smith Highlights Lead Plaintiff Deadline

Suit alleges NVIDIA Corporation failed to disclose material facts to investors who bought from October 9, 2025 through November 8, 2026; investors may seek lead plaintiff appointment by January 8, 2027

BENSALEM, Pa.--(BUSINESS WIRE)--NVIDIA Corporation ("Nvidia" or the "Company") (NASDAQ: NVDA) is the subject of a securities fraud class action lawsuit filed on behalf of investors who purchased or otherwise acquired the Company's securities from October 9, 2025 through November 8, 2026, inclusive. The Law Offices of Howard G. Smith today reported the lawsuit, Kistenmacher v. NVIDIA Corporation et al., which was filed on November 9, 2026 in the U.S. District Court Northern District of California (Case No. 5:26-cv-13488). The deadline for NVIDIA Corporation investors to file a lead plaintiff motion is January 8, 2027.

Investors with losses on NVIDIA Corporation securities can contact The Law Offices of Howard G. Smith about the NVIDIA Corporation class action to discuss potential claims under the federal securities laws before the January 8, 2027 lead plaintiff deadline.

Important dates in the NVIDIA Corporation case

• Complaint filing date: November 9, 2026
• Court: U.S. District Court Northern District of California
• Class period: October 9, 2025 through November 8, 2026, inclusive
• Deadline for lead plaintiff motions: January 8, 2027

What happened?

On November 8, 2026, NVIDIA issued a statement that “The NVIDIA Board is initiating an independent investigation in light of recent reporting that founder and CEO Jensen Huang has been the target of a foreign intelligence effort.”

On the same day, The New York Times published an article which stated that “Mr. Huang[,] acknowledged on Sunday that he was intimate with a business executive who U.S. officials had determined was working for Chinese intelligence.” The article further stated that Mr. Huang’s relationship with the woman became a U.S. government concern after surveillance revealed that she was feeding information directly to Beijing.

On this news, Nvidia stock fell $7.97, or 4.27%, to close at $178.67 on November 9, 2026, thereby injuring investors.

Allegations in the NVIDIA Corporation lawsuit

The NVIDIA Corporation shareholder lawsuit alleges that, throughout the class period, defendants made materially false and/or misleading statements and failed to disclose material adverse facts about NVIDIA Corporation's business, operations, and prospects. Specifically, the complaint alleges defendants failed to disclose to investors that: (1) Jensen Huang had an affair with a suspected Chinese spy, who also has a role at a company called Megaspeed, which is suspected of helping China evade export controls; (2) as such, Nvidia's statements about its relationship with Megaspeed were materially false and misleading at all relevant times; (3) the foregoing raised concerns in the national security community about Nvidia and, if revealed, presented a material risk to the Company's reputation and business prospects; and (4) as a result, defendants' positive statements about NVIDIA Corporation's business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.

NVIDIA Corporation investors who purchased or otherwise acquired securities during the class period may move the Court by January 8, 2027 to seek appointment as lead plaintiff in this putative class action.

"The lawsuit against NVIDIA Corporation alleges that, among other things, the Company failed to tell investors that Jensen Huang had an affair with a suspected Chinese spy, who also has a role at a company called Megaspeed, which is suspected of helping China evade export controls. NVIDIA Corporation investors who bought during the class period may be able to pursue their losses through this class action, and the January 8, 2027 lead plaintiff deadline is an important first date," said Howard G. Smith of The Law Offices of Howard G. Smith.

Next steps for NVIDIA Corporation investors

NVIDIA Corporation investors who suffered losses may contact The Law Offices of Howard G. Smith to learn about pursuing their claims. For more information, visit the firm's website, email [e-mail], or call [phone].

To be a member of the NVIDIA Corporation class, you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent class member. No class has been certified so far in the NVIDIA Corporation case.

Common questions from NVIDIA Corporation investors

Who is eligible? Investors who acquired NVIDIA Corporation securities from October 9, 2025 through November 8, 2026 and suffered losses may qualify for the class in the NVIDIA Corporation shareholder lawsuit.

Where is the NVIDIA Corporation case pending? The NVIDIA Corporation class action, Kistenmacher v. NVIDIA Corporation et al., is pending in the U.S. District Court Northern District of California (Case No. 5:26-cv-13488).

Do I have to do anything to be in the NVIDIA Corporation class? No, NVIDIA Corporation investors need not take any action at this time and may remain absent class members.

Does it cost anything? The Law Offices of Howard G. Smith works on contingency, meaning NVIDIA Corporation investors owe no attorneys' fees out of pocket. Any attorneys' fees and litigation expenses are paid solely from a recovery, if achieved, and require court approval.

About The Law Offices of Howard G. Smith

The Law Offices of Howard G. Smith has helped injured investors recover their money for more than 15 years. The firm prosecutes securities fraud, takeover, and derivative litigation against public companies and their officers, directors, and advisors in federal and state courts nationwide, and has helped clients recover hundreds of millions of dollars in losses. Clients speak directly with a lawyer, who will promptly answer any question.

Prior results do not guarantee a similar outcome.

Related links

• NVIDIA Corporation case page, The Law Offices of Howard G. Smith
• Complaint: Kistenmacher v. NVIDIA Corporation et al., U.S. District Court Northern District of California
• Financial Times Press Release
• NVIDIA Corporation SEC filings index, EDGAR
• The Law Offices of Howard G. Smith

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