Meta, Nvidia Bring Investor Suits’ Starting Gate to High Court

Meta Platforms Inc. and Nvidia Corp. will aim a spotlight on risk disclosure claims and expert evidence during the early stages of securities fraud class actions in two arguments at the US Supreme Court this month.

The cases have the potential to reduce investor litigation—and the expense it brings to publicly traded companies, defense attorneys say. Investor advocates, for their part, say the suits are healthy for the market, and the US government has weighed in on the importance of private securities actions.

“The cases are of interest to the securities litigation bar because they both reflect allegations that are ...