NEW YORK CITY, NY / ACCESS Newswire / November 13, 2026 / Levi & Korsinsky, LLP alerts investors who suffered losses in NVIDIA Corporation (NASDAQ: NVDA) that a securities class action pending in the U.S. District Court for the Northern District of California names the Company and its chief executive officer as defendants. WHO IS AFFECTED: Those who purchased Nvidia securities between October 9, 2025 and November 8, 2026 may be entitled to seek recovery of damages. Find out if you may be eligible to recover losses or contact Joseph E. Levi, Esq. at jlevi@levikorsinsky.com or (212) 363-7500.

Nvidia shares fell $7.97 each, or 4.27%, to close at $178.67 on November 9, 2026. The decline followed two events on November 8: the board opened an independent investigation into founder and CEO Jen-Hsun "Jensen" Huang, and Huang acknowledged an intimate relationship with a Megaspeed executive whom U.S. intelligence reportedly identified as a Chinese spy. The window to apply for lead plaintiff closes on January 8, 2027.

Jen-Hsun Huang: The Executive at the Center of the Claims

The complaint charges that Huang had an intimate relationship with Alice Huang (Huang Le), an executive of Singapore-based Megaspeed. Huang served as CEO and a director at all relevant times. Megaspeed was reportedly poised to buy $2 billion of Nvidia A.I. technology and was under U.S. scrutiny over export controls.

As averred, Nvidia described its Megaspeed dealings as ordinary throughout the Class Period without disclosing the CEO's personal ties. The pleading asserts that Huang personally defended those dealings in an October 30, 2026 interview, nine days before acknowledging the relationship to the board.

Alleged CEO Control Person Liability Under Section 20(a)

• Count II asserts that Huang was a "controlling person" of Nvidia under Section 20(a) of the Exchange Act. In practical terms, he may be held personally liable if the Company's alleged violations are proven.
• He was allegedly involved in day-to-day operations at the highest levels and was privy to confidential company information.
• The complaint alleges that he had the power to control the content of the press statements and public communications Nvidia issued.
• Count I separately names Huang, alongside Nvidia, under Section 10(b) and Rule 10b-5.
• Reporting cited in the suit states that U.S. officials initially believed Huang was unaware of her alleged intelligence role. Some senior officials later doubted that he could have remained unaware.

"Corporate officers have a duty to ensure their companies' public statements are accurate and complete. The complaint alleges that Nvidia characterized its chief executive's dealings with a Megaspeed executive as ordinary customer business while omitting a relationship that U.S. officials reportedly viewed as a security concern. Investors are entitled to have those allegations tested." -- Joseph E. Levi, Esq.

Submit your information to learn more or call (212) 363-7500.

Levi & Korsinsky, LLP is a nationally recognized shareholder rights firm. Over the past 20 years, the firm has secured billions of dollars for aggrieved shareholders. Ranked in ISS Top 50 for seven consecutive years.

Frequently Asked Questions About the NVDA Lawsuit

Q: What court was the NVDA class action filed in? A: The case was filed in the United States District Court for the Northern District of California, governed by the Private Securities Litigation Reform Act of 1995.

Q: What is the NVDA class action lawsuit about? A: A securities class action has been filed against NVIDIA Corporation (NASDAQ: NVDA) alleging materially false and misleading statements between October 9, 2025 and November 8, 2026. Shares fell approximately 4.27% after the Company disclosed that its Board was initiating an independent investigation into reporting that its chief executive had been the target of a foreign intelligence effort. Investors who purchased shares during the Class Period and suffered losses may be eligible to seek compensation.

Q: Who is eligible to join the NVDA investor lawsuit? A: Investors who purchased NVDA stock or securities between October 9, 2025 and November 8, 2026 and suffered financial losses may be eligible. Eligibility is based on purchase date and documented losses -- not on whether you still hold the shares.

Q: What do NVDA investors need to do right now? A: Investors may gather brokerage records showing purchase dates, share quantities, and prices paid. Submit your information for a no-cost, no-obligation evaluation of your potential recovery. No immediate action is required to remain eligible as an absent class member.

Q: What happens after I provide my information? A: Your trading history will be reviewed at no cost for an initial assessment of your potential eligibility.

Q: What if I already sold my NVDA shares -- can I still recover losses? A: Yes. Eligibility is based on when you purchased, not whether you still hold the shares. Investors who bought during the Class Period and sold at a loss may still be eligible to participate.

Q: Do I need to go to court or give testimony? A: No. The overwhelming majority of class members never appear in court or give depositions. If there is a settlement or recovery, eligible class members generally submit a claim form to seek their portion.

Q: What does it cost me to participate? A: There is no upfront cost to submit your information and review whether you may be eligible to recover. Should you choose to participate in the securities class action, they are generally handled on a contingency basis, with any attorneys' fees and expenses subject to court approval.

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CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 27th Floor
New York, NY 10004
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171

SOURCE: Levi & Korsinsky, LLP