and Nvidia are defending against claims—revived by the appeals court—that they misled investors in violation of Section 10(b) of the Securities Exchange Act. Facebook's case centers around two ...

The U.S. Supreme Court is set to consider bids by two tech giants — Meta's META.O Facebook and Nvidia NVDA.O — to fend off federal securities fraud lawsuits in separate cases that could ...

“This case can be resolved with one of the shorter opinions in recent Supreme Court history,” Grundfest argued. Nvidia counsel Neal Katyal of Hogan Lovells, Facebook counsel Kannon Shanmugam ...

The Supreme Court will soon weigh two cases that could potentially make it harder for misled investors to sue Big Tech companies after major scandals. One case involves one of the largest tech ...

It marks the second time the court has done so in recent weeks; the justices last month similarly dismissed Facebook ... Some suggested to Nvidia’s counsel the case might not require a blanket ...

President Joe Biden's administration supported the shareholders in the case. The Supreme Court's rulings in the Facebook and Nvidia cases are expected by the end of June.

Social media platform Facebook and artificial intelligence chipmaker Nvidia appealed ... due to recent Supreme Court rulings weakening federal regulators. Among the cases Shargel cited was a ...