Nvidia Hit With Securities Lawsuit Over Bad Graphics Chips

A lawsuit filed in a California court on Tuesday alleged Nvidia violated U.S. securities laws and concealed the existence of a serious defect in its graphics-chip line for at least eight months "in a series of false and misleading statements made to the investing public."

The lawsuit charged that Nvidia CEO Jen-Hsun Huang and CFO Marvin Burkett knew as early as November 2007 about a flaw that exists in the packaging used with some of the company's graphics chips that caused them to fail at unusually high rates.

View: The full story @ PCWorld

Report a problem with article
Next Article

Apple slips security fixes into rollout

Previous Article

First flip-phone BlackBerry launched

20 Comments - Add comment