Multiple law firms filed securities class-action lawsuits against CoreWeave, Inc. on February 20, 2026. The litigation alleges that executives misled investors regarding the company's ability to scale its artificial intelligence infrastructure. Plaintiffs further claim the company concealed significant construction delays at key data centers. These revelations contributed to a market capitalization loss of approximately $14 billion.
Blue Owl Capital failed to secure $4 billion in debt financing for a new CoreWeave data center in Pennsylvania. This financing setback raised concerns regarding the company's financial stability and tightening credit markets. CoreWeave shares fell sharply in response to the news.
Recent disclosures of significant stock sales by senior executives further pressured the share price. The company now faces simultaneous legal challenges and liquidity concerns.