In re NVIDIA Corporation Securities Litigation

UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF CALIFORNIA 6 IRON WORKERS LOCAL 580 JOINT Case No. 18-cv-07669-HSG FUNDS, et al., ORDER GRANTING IN PART AND Plaintiffs, DENYING IN PART DEFENDANT'S MOTION TO DISMISS v. Re: Dkt. No. 123 NVIDIA CORPORATION, et al., 11 Defendants. 12 This is a consolidated securities class action brought by Plaintiffs E. Öhman J:or Fonder and Stichting Pensionenonds PGB (collectively, “Plaintiffs”) against Defendant NVIDIA Corporation (“NVIDIA” or “the Company”) and Jensen Huang, co-founder and Chief Executive Officer, Colette Kress, Chief Financial Officer and Executive Vice President, and Jeff Fisher, Senior Vice President (collectively with NVIDIA, “Defendants”). In their complaint, Plaintiffs allege violations of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the “Exchange Act”) and Rule 10b-5 promulgated thereunder. Dkt. No. 113 (Consolidated Class Action Complaint or “CCAC”) ¶¶ 147–48. …