A California judge dropped a lawsuit against Nvidia for misrepresenting sales during the 2017 bull market.

According to the March 4 Cointelegraph, the lawsuit was recently closed for "a false statement of $ 1 billion in sales" by Nvidia during the 2017-18 bull market. A California judge dropped the lawsuit, arguing that the plaintiffs could not explain Nvidia's deliberate behavior in its sales. In this case, the applicant is Ironworkers Local 580 Joint Venture (a venture capital plan of Nvidia). They accused Nvidia of misleading investors and did not address the growth in the first half of 2018 mainly for the mining industry. Since then, commodity prices have fallen on lower earnings estimates.