The DOJ and the SEC say they have “strong interest" in the case and argue that the class-action suit should proceed.
An Nvidia investor class suit alleging the tech company misrepresented its sales to crypto miners should be greenlit, the United States Justice Department and the Securities and Exchange Commission told the Supreme Court.
Nvidia and the class group have been in a back-and-forth legal stoush since 2018, with the battle having reached the top court in the US.
In an Oct. 2 amicus brief, US Solicitor General Elizabeth Prelogar and SEC senior lawyer Theodore Weiman argued the class had “sufficient details” to survive a district court’s dismissal, adding the Supreme Court should greenlight its revival by an appeals court.
