The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. NVE reported its Q2 financial results on October 21, 2026, revealing a sharp decrease in sales, gross profit, and diluted EPS. The Company’s CFO blamed the short fall on “ a short-term inventory adjustment at one of our large medical device customers and a 95% decrease in defense product sales,” adding that “we expect revenues in the second half of the fiscal year to be consistent with the first half.” Based on this news, shares of NVE fell by more than 30.6% on the next day.
PRESS RELEASE
NVEC Investors with $100,000 in Losses Have Opportunity to Join NVE Corporation Fraud Investigation with SBS Law
Schall, Brown & Schwartz LLP (“SBS”), a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of NVE Corporation (“NVE” or “the Company”) (NASDAQ: NVEC) for violations of the securities laws.
INVESTIGATION DETAILS: The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. NVE reported its Q2 financial results on October 21, 2026, revealing a sharp decrease in sales, gross profit, and diluted EPS. The Company’s CFO blamed the short fall on “ a short-term inventory adjustment at one of our large medical device customers and a 95% decrease in defense product sales,” adding that “we expect revenues in the second half of the fiscal year to be consistent with the first half.” Based on this news, shares of NVE fell by more than 30.6% on the next day.
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall or David Schwartz of Schall, Brown & Schwartz LLP, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm’s website at www.schallfirm.com, or by email at david@schallfirm.com.
WHY SBS? Schall, Brown & Schwartz LLP represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation. Bringing together the extensive experience and diverse skillsets of founding partners Brian Schall, Andrew Brown, and David Schwartz, SBS is dedicated to aggressively advocating for every investor.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
CONTACT:
Schall, Brown & Schwartz LLP
Brian Schall, Esq.,
Andrew Brown, Esq.,
David Schwartz, Esq.,
www.schallfirm.com
Office: 310-301-3335
info@schallfirm.com
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