Ex-Groq Engineers Sue Groq Board in Delaware, Allege $20B Nvidia 'Non-Exclusive' Deal Short-Changed Shareholders

Former Groq engineers Benjamin Serebrin and Joshua Rubin filed a Delaware shareholder suit against the company's board, alleging the December 2025 'non-exclusive' acqui-hire by Nvidia — $17B in licensing fees plus ~$3B of Nvidia stock bonuses for ~200 engineers moving to Nvidia — short-changed common holders and left Groq a hollowed-out shell. The complaint names founder Jonathan Ross and president Sunny Madra. DoJ opened an antitrust probe in September; Senators Warren, Blumenthal and Wyden have criticized licensing-shaped acquisitions.