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Lawyer says Trump backing will not decide Nvidia shareholder suit

NewsFeeds update

Laurence Rosen, representing Nvidia shareholders, said Trump's support for Jensen Huang and the board's national security findings will not determine the securities class action. The suit alleges Nvidia and Huang did not fully disclose ties to people at Singapore's Megaspeed and related risks.

RegulationOdailyAINeutral

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The story so far: Nvidia board investigation into Huang

Nvidia's board opened an independent investigation into reports CEO Jensen Huang was targeted by a foreign intelligence operation; Huang apologised and pledged to cooperate, and Trump backed him staying. Nvidia is now said to be preparing to remove Huang amid talk of an executive shakeup. The White House…

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  1. Lawyer says Trump backing will not decide Nvidia shareholder suit

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