NVIDIA Tells High Court Pension Funds’ Securities Suit ‘Flunks’ Scienter Test

(August 14, 2024, 1:58 PM EDT) -- WASHINGTON, D.C. — A computer manufacturer and its CEO tell the U.S. Supreme Court in their Aug. 13 opening brief that the Ninth Circuit U.S. Court of Appeals enlarged a split over the legal standard for alleging scienter under the Private Securities Litigation Reform Act of 1995 (PSLRA) by allowing retirement funds to rely on the findings of experts to show falsity....