SOURCE: Kahn Gauthier Swick, LLC

September 12, 2008 00:38 ET

INVESTOR ALERT: KGS Notifies NVIDIA Corp. Purchasers With Losses Greater Than $300,000, of Lead Plaintiff Application Deadline in Securities Class Action Lawsuit -- NVDA

NEW ORLEANS, LA--(Marketwire - September 12, 2008) - Kahn Gauthier Swick, LLC ("KGS") announces that a securities class action lawsuit was filed in the United States District Court for the Northern District of California, on behalf of purchasers of the common stock of NVIDIA Corp. (NASDAQ: NVDA) ("NVIDIA" or the "Company"), between November 8, 2007, and July 2, 2008, inclusive (the "Class Period"). No class has yet been certified in this action.

If you would like to discuss your legal rights, you may e-mail or call KGS Managing Partner Lewis Kahn, without obligation or cost to you, toll free 1-866-467-1400, ext. 100, via cell phone after hours at 504-301-7900, or by email at

NVIDIA and certain of its officers are charged with violating the Securities Exchange Act of 1934, by issuing a series of materially false statements that concealed and failed to disclose, that failure rates of NVIDIA's products were well above reported amounts or historical norms, and were adversely impacting the Company's near-term and foreseeable financial and operational results. It was only on July 2, 2008, that defendants belatedly disclosed that its product failure rates were over 10 times levels expected by analysts and investors. Following defendants' belated disclosure, NVIDIA's stock plummeted -- losing over $3 billion in market capitalization -- causing material damage to investors.

If you wish to serve as lead plaintiff in this class action lawsuit, you must move the Court no later than November 10, 2008. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. If you would like to discuss your legal rights, you may e-mail or call KGS Managing Partner Lewis Kahn, without obligation or cost to you, toll free 1-866-467-1400, ext. 100, after hours via cell phone 504-301-7900, or by email at To learn more about KGS, you may visit KGS is a law firm focused on securities class action litigation with offices in New Orleans and New York City.

KGS' lawyers have significant experience litigating complex securities class actions. Among other cases, KGS has been appointed Lead or Co-Lead Counsel in the following securities cases: In re: U.S. Auto Parts Networks, Inc. Securities Litigation, C.D. Cal.; In re Optionable, Inc. Securities Litigation, S.D.N.Y.; In re Xethanol Corporation Securities Litigation, S.D.N.Y.; Pixelplus Co. Ltd., S.D.N.Y.; In re Witness Systems Inc. Securities Litigation, N.D. Ga.; Whitney Information Network, M.D. Fla.; Bodisen Biotech, Inc., S.D.N.Y.; Pegasus Wireless Corp., S.D. Fla.; In re Xinhua Finance Media, Ltd. Securities Litigation, S.D.N.Y.; Terayon Comm. Systems Inc., N.D. Cal.; Gaming Partners, D. Nev.; and In re BigBand Networks, Inc. Securities Litigation, N.D. Cal.

SPECIAL NOTICE: KGS encourages you to carefully evaluate any firm you may consider to represent your interests in the NVIDIA class action. The Private Securities Litigation Reform Act ("PSLRA") permits NVIDIA shareholders to choose counsel of their choice to prosecute this action. Critical components of a law firm's ability to successfully prosecute this action and obtain a strong recovery for you include the resources it will dedicate to prosecution of the case, including the number of lawyers the firm has available for the NVIDIA action in particular, AND especially the quality of the firm's work. Interested shareholders are encouraged to call for consultation and to request more information about KGS. While KGS has not filed suit yet, the firm is currently conducting its own investigation of NVIDIA and invites shareholders to evaluate its complaint when choosing counsel.

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