GRABAR LAW OFFICE INVESTIGATES CLAIMS ON BEHALF OF SHAREHOLDERS OF COREWEAVE, INC. (NASDAQ: CRWV)
Grabar Law Office is investigating claims on behalf of shareholders of CoreWeave, Inc. (NASDAQ: CRWV). The investigation concerns whether certain officers and directors breached the fiduciary duties they owed to the company.
CoreWeave, Inc. operates a cloud platform that provides scaling, support, and acceleration for GenAI. The company builds the infrastructure that supports compute workloads for enterprises. Its products include GPU compute, CPU compute, storage services, networking services, managed services, and virtual and bare metal servers. The company's platform offers a fleet lifecycle controller, node lifecycle controller, tensorizer, and observability. Its services also include VFX and rendering, AI model training, AI interference, and mission control. In addition, the company develops a dataset optimization tool for machine-learning developers
WHY? As alleged in an underlying securities fraud class action complaint, CoreWeave, Inc. (NASDAQ: CRWV), via certain of its officers, made materially false and misleading statements regarding the Company’s business, operations, and prospects. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (i) Defendants had overstated CoreWeave’s ability to meet customer demand for its service; (ii) 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; (iii) the foregoing was reasonably likely to have a material negative impact on the Company’s revenue; (iv) as a result, the Company’s public statements were materially false and misleading at all relevant times.
WHAT YOU CAN DO NOW: If you purchased CoreWeave, Inc. (NASDAQ: CRWV), on or near the Company’s March 28, 2025 IPO, and still hold shares today, you are encouraged to contact Joshua Grabar at jgrabar@grabarlaw.com, or call 267-507-6085. You can seek corporate reforms, the return of funds back to the company, and a court approved incentive award at no cost to you whatsoever.  Alternatively, if you purchased shares between March 28, 2025 and December 15, 2025, you can participate in the class action.