Nvidia Securities Lawsuit Attorney: Trump's Support Won't Determine Case Outcome

According to ChainCatcher, on November 9, Laurence Rosen, the attorney representing Nvidia shareholders in a securities class action lawsuit, stated that President Trump's public backing of founder Jensen Huang would not determine the case's outcome. At a White House press briefing, Trump expressed support for Huang, saying "I believe in him." Rosen clarified that regardless of Trump's views or Nvidia's board assertions about national security, the core issue remains whether Huang's October 9, 2025 statement to investors was misleading. The lawsuit currently targets Nvidia and Huang; Rosen noted that potential additional defendants, including board members, have not yet been determined.
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