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CoreWeave, Inc. (CRWV) Facing Securities Class Action Over Alleged Data Center Delays and Concealed Infrastructure Risks – Hagens Berman

Cision PR Newswire by Cision PR Newswire
February 26, 2026
in Lifestyle
Reading Time: 4 mins read
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CRWV Investors with Losses Encouraged to Contact Hagens Berman

SAN FRANCISCO , Feb. 26, 2026 /PRNewswire/ — National shareholder rights law firm Hagens Berman is alerting investors in CoreWeave, Inc. (NASDAQ: CRWV) to a pending class action against the company and certain of its executives. The suit alleges defendants misled the market regarding CoreWeave’s ability to scale its AI infrastructure and meet its ambitious revenue guidance.


Class Action (PRNewsfoto/Hagens Berman Sobol Shapiro LLP)

Hagens Berman is investigating the alleged claims that CoreWeave overstated its capacity to satisfy “robust” customer demand and downplayed the severe operational risks posed by its heavy reliance on a single third-party data center supplier. Following revelations that a critical Denton, Texas data center cluster was months behind schedule, CoreWeave’s market capitalization plummeted by approximately $14 billion. The firm urges investors who suffered substantial losses to submit your losses now.

“We are investigating the alleged gap between the company’s assurances of its growth trajectory and the alleged reality of systemic construction delays at its primary data center sites,” said Reed Kathrein, the Hagens Berman partner leading the firm’s investigation of the pending claims.

View our latest video summary of the allegations: youtube.com/watch?v=rWaDX1uGyJs

CoreWeave, Inc. (CRWV) Class Action: Alleged Denton Delays and the De-Risking Illusion

The pending litigation alleges that CoreWeave and its executives misled investors regarding the company’s operational health and future revenue visibility.

  • Concealed Data Center Delays: The complaint alleges that CoreWeave downplayed or concealed significant delays at its Denton, Texas facility. While management touted “rapid scaling,” a December 15, 2025, Wall Street Journal report revealed that completion had been pushed back by several months due to severe construction hurdles.
  • Overstated Revenue Capacity: Plaintiffs allege that CoreWeave’s ability to recognize revenue from its multibillion-dollar backlog was contingent on infrastructure that management allegedly knew was not on track for timely completion.
  • $14 Billion Market Reaction: These alleged misrepresentations culminated in a series of stock drops, including a 16% crash on November 11 after the company lowered guidance, and a further decline after the WSJ report, wiping out billions in shareholder value

Next Steps: Contact Partner Reed Kathrein Today

Hagens Berman is a top-tier plaintiff litigation firm recognized for prosecuting securities fraud cases.

Mr. Kathrein is actively advising investors who purchased CRWV shares during the Class Period (March 28, 2025 – Dec. 15, 2025) and suffered substantial losses.

The Lead Plaintiff Deadline is March 13, 2026.

TO SUBMIT YOUR COREWEAVE (CRWV) INVESTMENT LOSSES NOW, PLEASE USE THE SECURE FORM BELOW:

  • Report your CRWV Investment Losses to Hagens Berman Now

If you’d like more information and answers to frequently asked questions about the CoreWeave case and our investigation, read more »

Whistleblowers: Persons with non-public information regarding CoreWeave should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email CRWV@hbsslaw.com.

About Hagens Berman
Hagens Berman is a global plaintiffs’ rights complex litigation firm focusing on corporate accountability. The firm is home to a robust practice and represents investors as well as whistleblowers, workers, consumers and others in cases achieving real results for those harmed by corporate negligence and other wrongdoings. Hagens Berman’s team has secured more than $2.9 billion in this area of law. More about the firm and its successes can be found at hbsslaw.com. Follow the firm for updates and news at @ClassActionLaw. 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/coreweave-inc-crwv-facing-securities-class-action-over-alleged-data-center-delays-and-concealed-infrastructure-risks–hagens-berman-302698701.html

SOURCE Hagens Berman Sobol Shapiro LLP

Cision PR Newswire

Cision PR Newswire

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