FeganScott is investigating potential breach of fiduciary duty claims against certain officers and directors of NVIDIA Corporation (NASDAQ: NVDA). We are pursuing these claims on behalf of the company’s long-term shareholders. If you or your organization own NVIDIA stock, we would welcome the chance to speak with you.
What happened:
In October 2026, NVIDIA and its CEO, Jensen Huang, publicly described the company’s dealings with Megaspeed, a Singapore-based customer, and Mr. Huang’s interactions with a Megaspeed executive, Alice Huang, as “normal” and “not unusual or unexpected.” Those assurances are hard to square with what has since come to light. According to public reporting, U.S. officials had concluded that Alice Huang was a Chinese intelligence asset. Megaspeed bought more than $4.8 billion of NVIDIA chips over two years, and the Justice Department’s National Security Division is now investigating the company for potential export-control violations.
Events then moved quickly. On November 8, 2026, NVIDIA’s board announced an independent investigation, and Mr. Huang acknowledged the relationship. NVIDIA’s stock fell 4.27% the next day, to $178.67. Three days later, on November 11, The New York Times reported a second relationship, this time with an NVIDIA executive who reports directly to Mr. Huang, and the stock fell a further 8.3% in after-hours trading. The board met that night. The next morning, November 12, NVIDIA announced that Mr. Huang had resigned as President, CEO, and a member of the board, effective immediately. The announcement offered no explanation for his departure, and NVIDIA shares fell more than 10%.
What we are investigating:
We are examining whether NVIDIA’s board and senior management breached their fiduciary duties to the company. That includes whether the board adequately oversaw NVIDIA’s export-control and national-security compliance, and how it responded to warning signs about Megaspeed and Mr. Huang’s personal relationships with NVIDIA employees.
Why FeganScott:
Holding powerful people to account when they cross the line at work isn’t new for us. It’s what we do. Our Founding Partner, Elizabeth Fegan, has spent much of her career standing up to people at the very top of the corporate ladder. She secured a nationwide settlement for roughly 16,000 women who faced sexual harassment at a major commercial real estate firm, and she served as co-lead counsel for the survivors who took on Harvey Weinstein. We’ve also held the NCAA and certain universities accountable for looking the other way when warning signs of abuse were right in front of them. When leadership ignores red flags, the people who pay the price, whether students, employees or shareholders, deserve someone in their corner.
How you can help:
If you have continuously held NVIDIA shares since at least October 9, 2025, please click the link below to complete the intake form. There is no cost or obligation to speak with us.