Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Quantum Corporation due to allegations of false and misleading statements regarding its financial reporting and revenue recognition [2][3]. Group 1: Legal Investigation and Class Action - The law firm is encouraging investors who suffered losses exceeding $75,000 in Quantum Corporation between November 15, 2024, and August 18, 2025, to discuss their legal options [1][2]. - A federal securities class action has been filed against Quantum Corporation, with a deadline of November 3, 2025, for investors to seek the role of lead plaintiff [2][8]. Group 2: Allegations Against Quantum Corporation - The lawsuit claims that Quantum Corporation improperly recognized revenue for the fiscal year ended March 31, 2025, necessitating a restatement of its financial statements for the fiscal third quarter ended December 31, 2024 [3]. - Quantum Corporation disclosed on June 30, 2025, that it would be unable to timely file its annual financial report due to a review of its accounting related to certain revenue contracts, leading to a stock price drop of $1.00, or 10.03%, closing at $8.97 per share [4]. - On August 8, 2025, Quantum announced that its third quarter 2024 financial statements should no longer be relied upon due to deficiencies in internal controls, resulting in a revenue decrease of approximately $3.9 million [5]. - Following the announcement of its CEO's resignation on August 18, 2025, Quantum's stock price fell by $0.61, or 8.2%, closing at $6.83 per share [7].

NEW YORK, Sept. 05, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, announces it has filed a class action lawsuit on behalf of purchasers of securities of Quantum Corporation (NASDAQ: QMCO) between November 15, 2024 and August 18, 2025, inclusive (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than November 3, 2025 in the securities class action first filed by the Firm. SO WHAT: If ...

Core Viewpoint - A class action lawsuit has been filed against Quantum Corporation (QMCO) for securities fraud, affecting investors who purchased shares between November 15, 2024, and August 18, 2025 [1][2]. Group 1: Events Leading to the Lawsuit - On June 30, 2025, Quantum announced it would not be able to file its annual financial report on time due to a review of its accounting related to revenue contracts, resulting in a stock price drop of $1.00, or 10.03%, closing at $8.97 per share [3]. - On August 8, 2025, Quantum stated that its third quarter 2024 financial statements should no longer be relied upon due to material weaknesses in internal controls, leading to a revenue restatement of approximately $3.9 million [4]. - Following this announcement, Quantum's stock fell by $0.14, or 1.79%, to close at $7.66 per share on August 11, 2025 [5]. - On August 18, 2025, the resignation of Quantum's CEO after five months in the position caused the stock to drop by $0.61, or 8.2%, closing at $6.83 per share on August 19, 2025 [5]. Group 2: Allegations in the Lawsuit - The lawsuit alleges that throughout the Class Period, Quantum made materially false and misleading statements and failed to disclose adverse facts about its business and operations [6]. - Specific allegations include improper revenue recognition during the fiscal year ended March 31, 2025, necessitating a restatement of previously filed financial statements for the fiscal third quarter ended December 31, 2024 [6][7]. - The lawsuit claims that the positive statements made by Quantum regarding its business lacked a reasonable basis and were materially misleading [7].

NEW YORK, Sept. 05, 2025 (GLOBE NEWSWIRE) -- Gainey McKenna & Egleston announces that a securities class action lawsuit has been filed in the United States District Court for the District of Colorado on behalf of all persons or entities who purchased or otherwise acquired Quantum Corporation (“Quantum” or the “Company”) (NASDAQ: QMCO) securities between November 15, 2024 and August 18, 2025, inclusive (the “Class Period”). The Complaint alleges that Defendants made false and/or misleading statements and/or ...

Core Points - A shareholder class action lawsuit has been filed against Quantum Corporation alleging that the company made materially false and misleading statements regarding its financial practices [1] - The lawsuit claims that Quantum improperly recognized revenue for the fiscal year ended March 31, 2025, necessitating a restatement of financial statements for the fiscal third quarter ended December 31, 2024 [1] - The allegations suggest that the statements made by the defendants about Quantum's business, operations, and prospects were materially false and lacked a reasonable basis [1] Legal Information - Shareholders who purchased Quantum shares between November 15, 2024, and August 18, 2025, and suffered significant losses are encouraged to discuss their legal rights [2] - The deadline to request to be appointed as lead plaintiff in the case is November 3, 2025 [3] - Holzer & Holzer, LLC is representing shareholders in this litigation and has a history of recovering significant amounts for investors affected by corporate misconduct [3]

Group 1: Quantum Computing Market Outlook - Quantum computing is expected to become a significant theme in the market by 2026, with increasing popularity in investments [1] - The technology has the potential to generate substantial returns for investors if successful, but competition among companies is fierce [1] Group 2: Investment Opportunities in Quantum Computing - Five stocks have been identified as solid picks in the quantum computing space, presenting great buying opportunities [2] - Pure-play companies like IonQ and D-Wave Quantum are highlighted for their focused approaches in quantum computing, making them high-risk but high-potential investments [4] Group 3: Company Profiles - IonQ utilizes trapped ion technology, which is cost-effective and precise, while D-Wave Quantum employs quantum annealing, differentiating them from competitors using superconducting technology [5] - Both IonQ and D-Wave Quantum are positioned to succeed by not directly competing with larger companies that have extensive resources [6] Group 4: Legacy Competitors - Alphabet and Microsoft are developing in-house quantum computing solutions to avoid dependency on external suppliers, having already invested billions in traditional computing hardware [8][9] - Growth from quantum computing for these companies is likely to come through their existing cloud computing services, potentially leading to significant profitability [10][11] Group 5: Hybrid Approach - Nvidia focuses on traditional computing hardware while providing a hybrid solution for quantum computing, connecting existing infrastructure with future quantum systems [12] - Nvidia is considered a smart investment due to its strong position in traditional computing and the anticipated growth from quantum computing deployment [13]

Core Insights - Quantum computing companies are positioned to benefit from the growth of the AI market due to their ability to process data faster and more efficiently than traditional computers [2][3] - Quantum Computing Inc. (QCi) and IonQ are two notable players in the quantum computing space, with QCi's stock increasing by nearly 2,280% and IonQ's by over 510% in the past year [3] Company Comparisons - QCi focuses on developing photonic chips that operate at room temperature and are produced using conventional chip manufacturing processes, while IonQ produces trapped ion chips and builds its own quantum systems [7][8] - QCi's business model is still in its early stages, with projected revenue of $400,000 in 2025 and expected growth to $1.85 billion by 2027, despite a net loss of $39 million in 2025 [10][11] - IonQ's revenue is expected to grow from $43 million in 2024 to $315 million by 2027, although it will face increasing net losses from $332 million to $552 million during the same period [12] Future Projections - IonQ aims to significantly increase its quantum computing power, projecting algorithmic qubits (AQ) to rise from 64-100 AQ in 2025 to 2 million AQ by 2030 [13] - IonQ's integration of Nvidia's CUDA platform into its quantum systems is expected to enhance its capabilities for AI applications [14] Investment Considerations - QCi's stock is currently valued at over 1,300 times its projected revenue for 2027, making it a high-risk investment, while IonQ is valued at just over 40 times its estimated sales for the same year, presenting a more reasonable investment opportunity [15]

SAN DIEGO, Sept. 4, 2025 /PRNewswire/ -- Robbins LLP informs stockholders that a class action was filed on behalf of persons and entities that purchased or otherwise acquired Quantum Corporation (NASDAQ: QMCO) securities between November 15, 2024 and August 18, 2025. Quantum Corporation is a technology company focused on data management solutions.For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003.The Allegations: Robbins LLP is Investigating Allegations ...

NEW YORK, Sept. 4, 2025 /PRNewswire/ -- Why: Rosen Law Firm, a global investor rights law firm, announces that it has filed a class action on behalf of purchasers of securities of Quantum Corporation (NASDAQ: QMCO) between November 15, 2024, and August 18, 2025. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than November 3, 2025.So what: If you purchased Quantum Corporation common stock during the Class Period you may be entitled to c ...

Core Viewpoint - Nvidia's CEO Jensen Huang has shifted his perspective on quantum computing, now believing that commercialization may occur sooner than previously anticipated, leading Nvidia to actively invest in the quantum space [1][10]. Group 1: Nvidia's Investment and Strategy - Nvidia has invested in Quantinuum, a leading quantum computing startup majority-owned by Honeywell International, indicating a serious commitment to quantum technology as a complement to its AI dominance [1][2]. - The partnership with Quantinuum enhances the credibility of quantum computing and highlights the strategic importance for investors to monitor companies building exposure in this sector [3][10]. Group 2: Market Dynamics and Competitors - Quantum computing stocks like IonQ and D-Wave Quantum have shown significant potential, with their shares surging due to breakthroughs in hardware and early use cases [7][8]. - Quantinuum, formed as a joint venture between Honeywell and Cambridge Quantum, is positioned as a frontrunner in the commercialization of quantum technology due to its vertically integrated approach [6][8]. Group 3: Investment Opportunities - Honeywell presents a unique investment opportunity as a diversified business that could synergize with quantum technology, while IonQ and D-Wave offer higher-risk, higher-reward profiles as pure plays in the quantum sector [9]. - Nvidia's entry into quantum computing signals growing institutional interest, suggesting that early investments in this space could yield significant rewards as the technology approaches mainstream relevance [10][11].