Rosen Law Firm sues Nvidia over Jensen Huang's undisclosed affair, stock drop
Rosen Law Firm has filed a class-action lawsuit against Nvidia and CEO Jensen Huang after he confirmed a romantic relationship with Alice Huang, who U.S. intelligence reportedly suspects of being linked to Chinese efforts to smuggle Nvidia GPUs into China. The suit alleges Nvidia misrepresented or concealed the relationship and its national-security implications, contributing to a drop in the company's share price. Several other law firms, including Schall, Brown & Schwartz and Levi & Korsinsky, have launched separate investigations citing similar stock declines of roughly 5.5% to 8.8%.