Nvidia Asks Justices to Negate Investors’ Use of Revenue Expert

Nvidia Corp. investors can’t buttress an otherwise flawed false statements case by relying upon a hired expert’s “invented” data about the chip maker’s revenue sources, the company said in a brief to the US Supreme Court.

Seeking reversal of a federal appeals court decision to let the case proceed, the company also asked the justices to clarify the standard for such a suit to survive an early-stage dismissal under the Private Securities Litigation Reform Act.

The US Court of Appeals for the Ninth Circuit in 2023 revived the proposed class action, which alleges the company and its CEO, Jensen Huang ...