CoreWeave Faces Class Action Lawsuit from Investors Over Alleged Misrepresentations

A class action lawsuit has been initiated against CoreWeave, Inc. (NASDAQ: CRWV), a cloud computing firm specializing in artificial intelligence infrastructure, according to an announcement from the national plaintiffs’ law firm Berger Montague PC. The legal action represents investors who acquired CoreWeave securities between March 28, 2025, and December 15, 2025.

Investors who purchased shares during this period have until March 13, 2026, to seek appointment as lead plaintiff representative for the class. The lawsuit arises following concerns regarding misstatements made by the company about its operational capabilities and reliance on a third-party data center supplier.

Headquartered in Livingston, NJ, CoreWeave describes itself as a “Hyperscaler” and offers proprietary software alongside its AI cloud services. The company went public on March 28, 2025, raising $1.5 billion through the sale of 37.5 million shares at a price of $40 each. This initial public offering followed a significant deal with OpenAI, valued at up to $11.9 billion.

The lawsuit alleges that CoreWeave misrepresented its ability to satisfy market demand while downplaying risks associated with its dependency on a single supplier for data center operations. Following a series of revelations starting on October 30, 2025, investors witnessed a notable decline in CoreWeave’s share price. On that date, shares fell by $8.87 (6.33%). The decline continued with a drop of $17.22 (16.31%) on November 10–11, 2025, and a decrease of $2.85 (3.39%) on December 15–16, 2025.

For investors seeking further information about this class action, they may contact Berger Montague directly. Andrew Abramowitz can be reached at (215) 875-3015 or via email at [email protected]. Caitlin Adorni is also available at (267) 764-4865 or [email protected].

Founded over 55 years ago, Berger Montague has established itself as a leading law firm in complex civil litigation, class actions, and mass torts across the United States. The firm has successfully recovered over $50 billion for its clients, with more than $2.4 billion obtained in post-trial judgments in 2025 alone. With offices in multiple cities including Chicago, San Diego, and Toronto, the firm is positioned to provide comprehensive legal representation to affected investors.

As the case develops, investors will be keen to monitor its progress, particularly regarding the implications for CoreWeave’s operations and stock performance.