More Firms Court Investors in CoreWeave Securities Class Action as Lead Deadline Nears
The litigation focuses on claimed overstatements of AI capacity alongside minimized single‑supplier risks.
Overview
- Masaitis v. CoreWeave, Inc., No. 26-cv-00355, is pending in the U.S. District Court for the District of New Jersey.
- The putative class covers purchases between March 28, 2025 and December 15, 2025, with a lead‑plaintiff motion deadline of March 13, 2026.
- Recent notices from DJS Law Group, The Schall Law Firm, ClaimsFiler/Kahn Swick & Foti, Levi & Korsinsky, and Hagens Berman invite investors to seek lead roles or discuss losses.
- Filings allege CoreWeave overstated its ability to meet demand and understated reliance on a single third‑party data‑center supplier, pointing to site delays and other operational setbacks.
- Hagens Berman highlights reported delays at a Denton, Texas cluster, a guidance cut tied to a 16% drop on Nov. 11, and a market value decline totaling roughly $14 billion after later disclosures.