CoreWeave Faces Securities Class Action Lawsuit
Multiple law firms are alerting investors of a securities class-action lawsuit filed against cloud provider CoreWeave, Inc. (NASDAQ: CRWV). The lawsuit alleges that the company made false or misleading statements between March and December 2025. Investors who purchased securities during that period have until March 13, 2026, to seek appointment as lead plaintiff.
- The lawsuit alleges that during 2025, CoreWeave overstated its capacity to meet customer demand for its AI-focused cloud computing services. It also claims the company downplayed the risks of its reliance on a single third-party data center supplier. - A proposed merger with Core Scientific was terminated on October 30, 2025, after failing to secure enough shareholder votes, leading to a 6% drop in CoreWeave's stock price. - On November 10, 2025, the company lowered its 2025 revenue guidance, citing "delays related to a third-party data center developer who is behind schedule." This announcement was followed by a more than 16% drop in the stock price. - A subsequent Wall Street Journal report on December 15, 2025, allegedly revealed that the data center delivery issues were more severe than the company had acknowledged. - The class period for the lawsuit covers investors who purchased securities between the company's IPO on March 28, 2025, and December 15, 2025. - The legal proceedings are filed in the U.S. District Court for the District of New Jersey, and the case is captioned Masaitis v. CoreWeave, Inc. - The company is scheduled to release its fourth-quarter and full-year 2025 financial results on February 26, 2026, which will be closely watched by investors.
