Facebook and NVIDIA Petition U.S. Supreme Court to Limit Investor Lawsuits

In a move that underscores growing concerns around securities litigation, major tech players Facebook and NVIDIA have taken their grievances to the U.S. Supreme Court. Both companies have filed briefs requesting that the high court curtail what they characterize as an overreach by the U.S. Court of Appeals for the Ninth Circuit, which they argue has led to a surge in investor lawsuits. For a comprehensive understanding of their arguments, visit the original article.