21 ms·
Note that this is the announcement of a settlement. Nvidia agrees to pay 5.5 million, agrees to state the risk, and doesn’t admit to fault. No one is in serio
by bodhiandphysics 4y ago
Note that this is the announcement of a settlement. Nvidia agrees to pay 5.5 million, agrees to state the risk, and doesn’t admit to fault. No one is in serious trouble... nvidia should have indicated the risk, and didn’t... (probably because someone in legal fucked up). It’s not like investors didn’t know this was a risk!
- drc500free 4y agoExactly. This is a light slap on the wrist for not including a two sentence blurb in the "risk factors" section that no sophisticated investor relies upon. But as a public company, they are supposed to make things clear for unsophisticated investors.
- KennyBlanken 4y agoNo, it's for attributing the sales to gaming industry growth, not more volatile crypto.
- albertshin 4y agoIn reality though I wonder how many of the "unsophisticated" investors have even opened a 10-K before investing... Let alone know what it is...
- danuker 4y ago> probably because someone in legal fucked up Isn't there a list containing every risk in the world, that one can paste into the form? Would that suffice?