NVIDIA Corporation - Securities Class Action

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Stanford Law School

NVIDIA Corporation Summary: According to a law firm press release, a class action complaint was filed against NVIDIA and its to top officers for violations the Securities Exchange Act of 1934. Specifically, the complaint alleges that, during the Class Period, the defendants issued a series of misrepresentations and omissions that actively concealed and failed to disclose the unusually high failure rates of NVIDIA's mobile video adapters and the impact of these defects on the Company's financial condition and results and future business prospects. When the defendants belatedly revealed this information on July 2, 2008, NVIDIA's stock plummeted, and the Company's market capitalization was promptly reduced by over $3 billion.

On October 30, 2008, an order was entered by the court consolidating the actions with C08-4260 be the lead case.

On December 23, 2008, an Order Appointing Lead Plaintiffs, Co-Lead Counsel was entered by the court.

On February 3, 2009, a Notice Of Substitution Of Attorney And Notice Of Appearance was filed with the court.

On February 5, 2009, a Stipulation And [Proposed] Order Regarding Deadline For Filing Consolidated Complaint was submitted to the court.

On December 08, 2009, a Stipulation Pursuant To This Court’s November 20, 2009 Order Approving Selection Of Co-Lead Counsel For Lead Plaintiff Roberto Cohen, Lead Plaintiff New Jersey Carpenters Pension And Annuity Funds, And The Class was granted.

On January 22, 2010, an Amended Consolidated Class Action for Violations of Federal Securities Laws against the defendants was filed by the lead the plaintiff.

On March 08, 2010, the Court issued a proposed order granting the Defendants’ Motion to Dismiss the claims set forth in Plaintiffs’ Consolidated Amended Complaint pursuant to Rule 12(b)(6) of the Federal Rules of Civil Procedure. Subsequently, the Plaintiffs’ Consolidated Amended Complaint is dismissed with prejudice.

On October 19, 2010, the defendants’ motion to dismiss was granted with leave to amend. The Plaintiffs were ordered to file any amended complaint within 30 days of the date of this order. Otherwise, the action will be dismissed with prejudice.

On December 02, 2011, a Second Consolidated Amended Class Action Complaint was filed after receiving leave to amend.

On October 12, 2011, the case was dismissed without leave to amend due to the plaintiffs’ failure to plead the element of scienter that is necessary to state a claim pursuant to section 10(b), Rule 10b-5, or section 20(a).

INDUSTRY CLASSIFICATION:
SIC Code: 3674
Sector: Technology
Industry: Semiconductors

COMPANY/ISSUER NAME:	NVIDIA Corporation
COMPANY/ISSUER TICKER:	NVDA
COMPANY WEBSITE:	http://www.nvidia.com

FIRST IDENTIFIED COMPLAINT IN THE DATABASE

Miller, et al. v. NVIDIA Corporation, et al.

COURT: N.D. California	DOCKET NUMBER: 08-CV-04260
JUDGE NAME: Hon. James Ware
DATE FILED: 09/09/2008	SOURCE:
CLASS PERIOD START: 11/08/2007	CLASS PERIOD END: 07/02/2008
TYPE OF COMPLAINT: Complaint (Unamended and Unconsolidated)
PLAINTIFF FIRMS NAMED IN COMPLAINT:
Girard Gibbs LLP (San Francisco) 601 California Street, Suite 1400, San Francisco, CA, 94108 (voice) 415.981.4800, (fax) 415.981.4846, mail@girardgibbs.com Shalov Stone Bonner & Rocco LLP (New York) 485 Seventh Avenue, Suite 1000, New York, NY, 10018 (voice) 212.239.4340, (fax) 212.239.4310, lawyer@lawssb.com _____________________________________________ TOTAL NUMBER OF PLAINTIFF FIRMS: 2

DOCUMENTS FOR THE FIRST IDENTIFIED COMPLAINT
Class Action Complaint For Violations Of The Federal Securities Laws
Type: Complaint		Date on the document: 9/9/2008
U.S. District Court Civil Docket
Type: Docket		Date on the document: 9/17/2008
Order Approving Stipulation To Relate And Consolidate Cases
Type: Order of Consolidation		Date on the document: 10/30/2008
Order
Type: Order of Consolidation		Date on the document: 11/03/2008
Certification Of Timothy J. Burke Pursuant To Local Rule 3-7(d)
Type: Other		Date on the document: 11/10/2008
Corrected Proof Of Service Via U.S. Mail
Type: Other		Date on the document: 11/10/2008
Declaration Of Timothy J. Burke In Support Of Motion By Harmik Kazanchian For Appointment Of Lead Plaintiff And Approving His Selection Of Lead Counsel Pursuant To Section 21D Of The Securities Exchange Act Of 1934
Type: Declaration		Date on the document: 11/10/2008
Notice Of Motion And Motion By Harmik Kazanchian For Appointment Of Lead Plaintiff And Approving His Selection Of Lead Counsel Pursuant To Section 21D Of The Securities Exchange Act Of 1934; Memorandum Of Points And Authorities In Support Thereof
Type: Motion		Date on the document: 11/10/2008
[Proposed] Order Granting Motion By Harmik Kazanchian For Appointment Of Lead Plaintiff And Approving His Selection Of Lead Counsel Pursuant To Section 21D Of The Securities Exchange Act Of 1934
Type: Order		Date on the document: 11/10/2008
Harmik Kazanchian's Memorandum Of Points And Authorities In Opposition To Competing Motions For Appointment Of Lead Plaintiff And Approval Of Lead Counsel Pursuant To Section 21D Of The Securities Exchange Act Of 1934
Type: Memorandum		Date on the document: 12/01/2008
The New Jersey Carpenters Pension And Annuity Funds' Memorandum In Opposition To The Competing Lead Plaintiff Motions
Type: Memorandum		Date on the document: 12/01/2008
Reply Of Harmik Kazanchian In Support Of Motion For Appointment Of Lead Plaintiff And Approving His Selection Of Lead Counsel Pursuant To Section 21D Of The Securities Exchange Act Of 1934
Type: Other		Date on the document: 12/08/2008
Order Appointing Lead Plaintiffs, Co-Lead Counsel
Type: Order Appointing LP/LC		Date on the document: 12/23/2008
Notice Of Substitution Of Attorney And Notice Of Appearance
Type: Notice		Date on the document: 02/03/2009
Stipulation And [Proposed] Order Regarding Deadline For Filing Consolidated Complaint
Type: Other		Date on the document: 02/05/2009
Notice of Substitution of Attorney and Notice of Appearance
Type: Notice		Date on the document: 09/08/2009
Stipulation Pursuant To This Court’s November 20, 2009 Order Approving Selection Of Co-Lead Counsel For Lead Plaintiff Roberto Cohen, Lead Plaintiff New Jersey Carpenters Pension And Annuity Funds, And The Class
Type: Order		Date on the document: 12/08/2009
U.S. District Court Civil Docket
Type: Docket		Date on the document: 12/16/2009

REFERENCE COMPLAINT

In re Nvidia Corporation Securities Litigation

COURT: N.D. California	DOCKET NUMBER: 08-CV-04260
JUDGE NAME:
DATE FILED: 01/22/2010	SOURCE:
CLASS PERIOD START: 11/08/2007	CLASS PERIOD END: 07/02/2008
TYPE OF COMPLAINT: First Amended and Consolidated
PLAINTIFF FIRMS NAMED IN COMPLAINT:
Kahn Swick & Foti, LLC (New Orleans) 650 Poydras St. 2150, New Orleans, LA, 70130 (voice) 504.455.1400, (fax) 504.455.1400, Milberg LLP (New York) One Pennsylvania Plaza, 49th Floor, New York, NY, 10119 (voice) 1.877.692.1965, (fax) , ContactUs@milberg.com _____________________________________________ TOTAL NUMBER OF PLAINTIFF FIRMS: 2

DOCUMENTS FOR THE REFERENCE COMPLAINT
Consolidated Amended Class Action Complaint For Violations Of Federal Securities Laws - Jury Trial Demanded
Type: Complaint		Date on the document: 01/22/2010
Proposed Order Granting Motion To Dismiss Consolidated Amended Class Action Complaint For Violations Of Federal Securities Laws
Type: Order		Date on the document: 03/08/2010
U.S. District Court Civil Docket
Type: Docket		Date on the document: 03/18/2010
Order Granting Motion To Dismiss With Leave To Amend
Type: Order		Date on the document: 10/19/2010
U.S. District Court Civil Docket
Type: Docket		Date on the document: 10/19/2010
Second Consolidated Amended Class Action Complaint For Violations Of Federal Securities Laws
Type: Complaint		Date on the document: 12/02/2010
Judgment
Type: Summary Judgment		Date on the document: 10/12/2011

OTHER DOCUMENTS
Class Action Complaint For Violations Of The Federal Securities Laws
Case Name and/or Number: Patrick D. Jermyn, et al. vs. Nvidia Corporation, et al.
Type: Complaint		Date on the document: 9/16/2008
Class Action Complaint For Violations Of The Federal Securities Laws
Case Name and/or Number: Alexander Politz, et al. v. NVIDIA Corporation, et al.
Type: Complaint		Date on the document: 09/23/2008

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