Bleichmar Fonti & Auld LLP filed a securities class action lawsuit against CoreWeave, Inc. and its senior executives on February 5, 2026. The complaint alleges violations of federal securities laws.
The lawsuit claims CoreWeave misrepresented its capacity to meet customer demand. It further alleges the company concealed significant construction delays at data centers, specifically those involving partner Core Scientific.
Several negative catalysts preceded the legal action. The Core Scientific merger failed on October 30, 2025. CoreWeave cut financial guidance on November 10, 2025, citing third-party delays. On December 15, 2025, The Wall Street Journal reported delays at a Denton, Texas, data center intended for OpenAI.
CoreWeave’s stock price has declined approximately 28% over the last three months. Investors have until March 13, 2026, to seek lead plaintiff status in the U.S. District Court for the District of New Jersey.