PANews reported on October 4 that according to Cointelegraph, the U.S. Department of Justice and the U.S. Securities and Exchange Commission (SEC) told the U.S. Supreme Court that a class action lawsuit by investors accusing Nvidia of misrepresenting its sales to crypto miners should be approved.

Nvidia has been locked in a legal battle with investor groups since 2018, with the case now reaching the U.S. Supreme Court.

In an out-of-court brief on Oct. 2, Acting U.S. Attorney General Elizabeth Prelogar and senior SEC lawyer Theodore Weiman argued that the lawsuit “provides sufficient detail” to allow it to survive the district court’s dismissal, adding that the Supreme Court should give the green light to revive the suit through the Court of Appeals.

“Meritorious private litigation is an important complement to the criminal prosecutions and civil enforcement actions conducted by the DOJ and the SEC,” the opinion adds.

The investor group attempted to sue Nvidia in 2018, alleging it concealed more than $1 billion in GPU sales to crypto miners. The group claimed that Nvidia CEO Jensen Huang downplayed the company's sales to the industry.