CoreWeave Investors Initiate Legal Action After Data Center Delays Trigger $14 Billion Valuation Collapse

San Francisco, Wednesday, 21 January 2026.
Cloud infrastructure provider CoreWeave is facing a wave of securities class action lawsuits alleging the company misled shareholders regarding critical infrastructure delays. The central controversy involves the Denton, Texas data center—a key facility intended for OpenAI—where construction setbacks reportedly existed months before public disclosure. While CoreWeave management attributed lowered revenue guidance to temporary third-party issues in November 2025, subsequent reports indicate that development partner Core Scientific had flagged these delays as early as February 2025. This significant transparency gap precipitated a severe volatility event, erasing approximately $14 billion in market capitalization between November and December 2025. Investors are now scrutinizing whether the firm intentionally overstated its operational capacity to protect its stock price following its March 2025 IPO.