Investigation into CoreWeave Inc.'s Construction Delays and Risks Begins Amid Class Action

CoreWeave Faces Legal Challenges Amid Allegations

In a significant development for investors and stakeholders, the national shareholder rights law firm Hagens Berman has announced its inquiry into CoreWeave, Inc. (NASDAQ: CRWV). The investigation focuses on a forthcoming class action lawsuit filed against the company and certain executives, which alleges misleading statements about the company’s ability to enhance its AI infrastructure and meet ambitious revenue goals.

Allegations of Overstated Capabilities

CoreWeave has faced scrutiny for potentially overstating its capabilities to fulfill the demands of its fast-growing artificial intelligence business. The lawsuit claims that the company misrepresented its operational health to investors, leading to an inflation of expectations regarding revenue and scalability. Reed Kathrein, a partner at Hagens Berman, emphasized the gap between the company’s optimistic growth guidance and the reality of operational setbacks, particularly concerning its primary data center in Denton, Texas.

Details of the Allegations

The lawsuit includes serious claims against CoreWeave, asserting that the company intentionally downplayed significant delays at its Texas facility while promoting a narrative of 'rapid scaling.' A Wall Street Journal report dated December 15, 2025, highlighted that completion of this critical data center was postponed due to severe construction hurdles, contradicting management’s earlier statements to shareholders.

Moreover, the suit alleges that the revenue projections provided by CoreWeave were predicated on an infrastructure completion timeline that was not being met, thus misleading investors about the company's financial stability and operational readiness.

Impact on Market Value

This series of alleged misrepresentation triggered a drastic market reaction, with CoreWeave’s market capitalization witnessing a staggering drop of approximately $14 billion. Notable declines in stock value included a 16% plunge following an adjustment in company guidance, further compounded by the negative press regarding the construction delays.

Next Steps for Investors

As the class action moves forward, Hagens Berman encourages investors who faced losses — particularly those who acquired shares during the class period from March 28, 2025, to December 15, 2025 — to reach out without delay. The deadline for investors to act as lead plaintiffs in this class action is set for March 13, 2026.

Interested parties can confidentially submit their information through the firm’s secure online form or contact Reed Kathrein directly. This is a crucial opportunity for shareholders to assert their rights and seek recourse for their financial losses.

The Role of Whistleblowers

Additionally, Hagens Berman appeals to potential whistleblowers who may possess insider information regarding CoreWeave's operations. Such individuals might qualify for the SEC’s Whistleblower Program, which allows for substantial rewards for valuable information. This initiative reinforces the law firm’s commitment to uncovering corporate wrongdoing and protecting shareholder interests.

In conclusion, as CoreWeave navigates through this tumultuous time, stakeholders are encouraged to stay informed and proactive to safeguard their investments. With Hagens Berman at the forefront, this investigation could lead to significant accountability for the company's leadership if the allegations are proven true.

For more detailed inquiries regarding the class action and how to participate, investors may visit Hagens Berman’s official website or directly contact their office.