Investors Aren't Entitled To 'Crypto Craze' Docs, NVIDIA Says

By Rose Krebs (September 17, 2020, 7:17 PM EDT) -- Tech company NVIDIA Corporation told the Delaware Chancery Court Thursday that a group of investors has not shown a proper purpose to obtain company records to investigate possible mismanagement by officers they contend misstated the impact of the cryptocurrency "craze" on the business.

During a trial in front of Vice Chancellor Kathaleen S. McCormick, NVIDIA's counsel argued that the investors are not entitled to certain records to probe what company officers knew about or failed to disclose concerning business volatility caused by the digital currency boom's impact on demand for NVIDIA's products.

"We don't think the plaintiffs have met their burden,"...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!