CoreWeave Inc. is facing a securities fraud class action in the U.S. District Court for the District of New Jersey, alleging the company and certain senior executives overstated its ability to rapidly scale AI data-center infrastructure and concealed construction delays. The suit follows sharp share-price declines tied to a terminated merger agreement with Core Scientific, lowered 2025 guidance citing third-party developer delays, and a media report of pushed-back completion timelines for a major Texas data-center cluster. Investors have until March 13, 2026 to seek appointment as lead plaintiff.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CoreWeave Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202602190638PRIMZONEFULLFEED9657019) on February 19, 2026, and is solely responsible for the information contained therein.