NVIDIA Facing 51 Pending Lawsuits

Analysts expect a stormy summer as NVIDIA faces not one, but fifty-one pending lawsuits. The 51 civil complaints filed against NVIDIA claim that the company participated in anti-competitive business agreements and price fixing strategies. Some of these civil suits allege that NVIDIA entered into these agreements with graphics rival AMD.

In March 2007, 42 civil suits were filed against NVIDIA for anti-competitive business practices; 14 of those suits alleged that the company colluded with AMD to fix prices. According to NVIDIA, most of the suits were filed in the Northern District of California. NVIDIA states that while there appear to be many civil suits, all of the suits are putative class-actions, indicating that they are from direct or indirect purchasers of NVIDIA graphics products.”

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