Investors with Substantial Losses Have Opportunity to Lead CoreWeave Class Action Lawsuit

Deadline to seek lead plaintiff status in CoreWeave securities fraud case is March 13, 2026

Published on Feb. 10, 2026

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The law firm of Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of CoreWeave, Inc. (NASDAQ: CRWV) securities between March 28, 2025 and December 15, 2025 have until Friday, March 13, 2026 to seek appointment as lead plaintiff of the CoreWeave class action lawsuit. The lawsuit alleges that CoreWeave and certain executives made false and misleading statements about the company's ability to meet customer demand and the risks posed by its reliance on a single third-party data center supplier.

Why it matters

This case highlights the importance of transparency and accurate disclosures by public companies, especially those in the technology and AI sectors that are rapidly growing. Investors rely on companies to provide truthful information about their operations and risks, and the CoreWeave lawsuit alleges the company failed to do so, leading to significant losses for shareholders.

The details

The CoreWeave class action lawsuit, captioned Masaitis v. CoreWeave, Inc., No. 26-cv-00355 (D.N.J.), alleges that CoreWeave made false and/or misleading statements and/or failed to disclose that: (i) the company had overstated its ability to meet customer demand; (ii) it had materially understated the risks posed by its reliance on a single third-party data center supplier; and (iii) these issues were likely to have a material negative impact on CoreWeave's revenue. The lawsuit alleges that CoreWeave's stock price fell significantly after the company announced lowered revenue guidance and the termination of its merger agreement with Core Scientific.

  • On March 10, 2025, less than three weeks before CoreWeave's IPO, the company announced an $11.9 billion deal with OpenAI.
  • On July 7, 2025, CoreWeave announced a definitive agreement to acquire Core Scientific, Inc.
  • On October 30, 2025, Core Scientific announced it had not received enough shareholder votes to approve the merger with CoreWeave.
  • On November 10, 2025, CoreWeave announced lowered revenue guidance for 2025 due to 'delays related to a third-party data center developer'.
  • On December 15, 2025, The Wall Street Journal reported that weather-related delays and revised design plans would push back the completion of a Denton, Texas data center cluster intended for OpenAI by several months.

The players

Robbins Geller Rudman & Dowd LLP

A law firm representing the plaintiffs in the CoreWeave class action lawsuit.

CoreWeave, Inc.

An AI cloud computing company that is the defendant in the class action lawsuit.

Michael Intrator

The CEO of CoreWeave.

Core Scientific, Inc.

One of the largest owners and operators of digital infrastructure for high performance computing in North America, which had a merger agreement with CoreWeave that was terminated.

OpenAI

A leading AI company that had a $11.9 billion deal with CoreWeave.

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What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident (San Francisco Chronicle)

What’s next

The judge in the case will decide on Tuesday whether or not to allow Walker Reed Quinn out on bail.

The takeaway

This case highlights the importance of transparency and accurate disclosures by public companies, especially those in the technology and AI sectors that are rapidly growing. Investors rely on companies to provide truthful information about their operations and risks, and the CoreWeave lawsuit alleges the company failed to do so, leading to significant losses for shareholders.