Berliner v. Huang

On 31 July 2026, various NVIDIA shareholders filed a shareholder derivative action before the District Court of the Northern District of Illinois against NVIDIA and its board of directors, including Jensen Huang, alleging the knowing use of unlicensed copyrighted and biometric materials to develop NVIDIA's AI products.

The Plaintiffs allege breaches of fiduciary duty and false or misleading statements concerning NVIDIA's AI practices. They also claim violations of sections 10(b), 14(a) and 20A of the Securities Exchange Act and related SEC rules. According to the complaint, NVIDIA suffered economic loss by repurchasing shares at allegedly inflated prices.

Among the relief sought by the Plaintiffs are damages, corporate governance reforms, restitution and disgorgement of benefits allegedly obtained by the Defendants.

This summary is provided for educational and research purposes only and does not constitute legal advice. Allegations described are those made in the filings. Please consult the underlying source documents.