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The U.S. Supreme Court has dismissed a securities fraud lawsuit brought by shareholders against NVIDIA Corporation. This decision was characterized as a 'DIG,' which refers to a summary dismissal of certiorari as improperly granted. The dismissal marks the only ruling from the Supreme Court on this date, December 11, 2024. The case's dismissal means that shareholders will not be able to pursue their claims against NVIDIA regarding alleged securities fraud.
U.S. SUPREME COURT DISMISSES CASE INVOLVING SECURITIES FRAUD LAWSUIT BROUGHT BY SHAREHOLDERS AGAINST $NVDA
Only ruling from #SCOTUS today is a "DIG" (a summary dismissal of certiorari as improperly granted) in NVIDIA: https://t.co/ox57RaZ191 Why the Court couldn't have handed this down yesterday alongside Bouarfa is ... beyond me. But that's it for today.
🇺🇸 SUPREME COURT DISMISSES CASE INVOLVING SECURITIES FRAUD LAWSUIT BROUGHT BY SHAREHOLDERS AGAINST NVIDIA $NVDA - Bloomberg
