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Press Release
hsmith@howardsmithlaw.comThis lawsuit is for anyone who acquired securities in Coreweave, Inc. (NASDAQ: CRWV) from March 28, 2025 through December 15, 2025.
The lawsuit alleges that the Company and certain of its executives violated federal law. Specifically, the lawsuit alleges that, throughout the time period mentioned above, the Company misled investors regarding its financial condition. More specifically, the lawsuit alleges that the Company misled investors by overstating the Company’s ability to meet customer demand for its service.
On November 10, 2025, after the market closed, CoreWeave released its third quarter 2025 financial results, announcing lowered revenue guidance for 2025 due to “delays related to a third-party data center developer who is behind schedule.” During market hours, on November 11, 2025, the Company’s CEO revealed the delays concerned not just a single data center, as previously asserted, but a data center provider, with multiple data centers owned by the same provider potentially affected. On this news, the price of the Company’s stock dropped precipitously on unusually heavy trading volume. Then, on December 15, 2025, the Wall Street Journal, revealed, among other things, that Core Scientific was the building partner behind the delayed data centers, and that it began flagging the delays nine months prior. The Wall Street Journal also revealed that other data centers would be delayed due to revised design plans. On this news, the price of the Company’s stock again dropped precipitously on unusually heavy trading volume.
The Law Offices of Howard G. Smith seeks to recover damages on behalf of class members. If you acquired securities in Coreweave, Inc. (NASDAQ: CRWV) from March 28, 2025 through December 15, 2025 you may join the lawsuit by submitting your information online, or you may call the Law Offices of Howard G. Smith and speak to Mr. Smith directly to learn how he can protect your rights.
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