On November 11, 2026, a shareholder derivative complaint was filed on behalf of NVIDIA Corporation (“NVIDIA” or the “Company”) (NASDAQ: NVDA) against CEO Jensen Huang and certain current and former directors and executives in the United States District Court for the Northern District of California.
The action, Vanegas v. Huang, et al., alleges breaches of fiduciary duty, violations of Section 14(a) of the Securities Exchange Act of 1934, and unjust enrichment. NVIDIA is named as a nominal defendant.
What Does the Derivative Complaint Allege?
According to the complaint, NVIDIA’s leadership failed to adequately address alleged conflicts of interest and export-control compliance risks involving CEO Jensen Huang’s relationship with an executive of Megaspeed, a customer reportedly under investigation concerning the diversion of NVIDIA technology to China. The complaint also challenges certain public statements and alleges improper insider stock sales by certain defendants.
The plaintiff seeks damages and restitution for NVIDIA, as well as corporate governance and oversight reforms.
Related NVIDIA Securities Class Action
A separate NVIDIA securities class action was filed on November 9, 2026. For information about that investor action, visit Kehoe Law Firm’s NVIDIA securities class action page.
NVIDIA (NVDA) Shareholders: Contact Kehoe Law Firm
NVIDIA shareholders seeking information about the derivative action or their potential rights, are encouraged to contact Kehoe Law Firm for a free, no-obligation legal evaluation.
For additional information, contact:
Michael Yarnoff, Esq.
(215) 792-6676, Ext. 804
[email protected]
[email protected]
About Kehoe Law Firm, P.C.
Kehoe Law Firm, P.C. is a nationally recognized, plaintiff-side class action law firm representing investors, consumers, and employees in matters involving securities fraud, corporate misconduct, mergers and acquisitions, antitrust violations, whistleblower claims, data breaches, consumer fraud, employment law violations, as well as ERISA and retirement plan litigation. Its attorneys have served as lead or co-lead counsel in major securities cases, recovering more than $10 billion for institutional and individual investors.
Kehoe Law Firm’s class action legal services are provided on a contingency-fee basis, meaning plaintiffs are not responsible for attorneys’ fees or litigation expenses. Any request for attorneys’ fees and expenses will be subject to court approval.
SEND US A MESSAGE
Contact Us
ADDRESS
Kehoe Law Firm, P.C.
2001 Market Street
Suite 2500
Philadelphia, PA 19103