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Quantum Corporation (QMCO) Investors Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
Prnewswire· 2025-09-16 20:55
Contact Us To Participate or Learn More:  If you wish to learn more about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to the pending class action lawsuit, please contact: Howard G. Smith, Esq., Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020, Call us at: (215) 638-4847Email us at: [email protected], Visit our website at: www.howardsmithlaw.com. To be a member of the class action you need ...
Digital Brands Group Outlines Strategy to Deliver Robust Suite of Technology Tools Powered by AI and Quantum-Resilient Security for eCommerce
Globenewswire· 2025-09-16 13:00
Core Insights - Digital Brands Group, Inc. is focusing on developing a suite of technology tools for the eCommerce sector, leveraging artificial intelligence and quantum-resilient security to enhance brand protection and operational efficiency [1][2][3] Company Initiatives - The company is evaluating initiatives in three main areas: automated IP monitoring and brand protection using AI, data security with a focus on quantum-resilient methods, and additional eCommerce tools for merchandising, analytics, and personalization [2][3] - These initiatives aim to create a comprehensive suite that provides brands with both protection and performance in the digital marketplace [2] Strategic Direction - The CEO of Digital Brands Group emphasized that the rapid growth of digital commerce presents both opportunities and challenges, and the company's strategy is centered on building technology tools that safeguard brand IP, secure data, and enhance customer experience [3] - The company plans to continue internal development while also exploring partnerships with leading technology firms to accelerate delivery and broaden capabilities [3] Business Model - Digital Brands Group operates a diverse range of apparel brands through both direct-to-consumer and wholesale channels, focusing on owning the customer's "closet share" by leveraging data and purchase history for personalized content [4]
01 Communique Announces Effective Date of Name Change to 01 Quantum Inc. on the TSX Venture Exchange
Newsfile· 2025-09-15 18:16
Company Overview - 01 Communique Laboratory Inc. will change its name to 01 Quantum Inc. to reflect its focus on quantum-safe cybersecurity solutions [1][2] - The name change is effective on the TSX Venture Exchange at market open on September 17, 2025, with the trading symbol remaining as "ONE" [2] - 01 Quantum specializes in post-quantum cybersecurity and remote access solutions, with its IronCAP™ product line being a key offering [3] Product and Technology - The IronCAP™ technologies are protected by U.S. patents 11,271,715 and 11,669,833, indicating a strong intellectual property position [3] - The company also offers secure remote access services under the I'm InTouch and I'm OnCall brands, with additional patents protecting these offerings in the U.S., Canada, and Japan [3]
ROSEN, LEADING INVESTOR COUNSEL, Encourages Quantum Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm - QMCO
Globenewswire· 2025-09-15 17:34
Core Viewpoint - Rosen Law Firm is reminding investors who purchased Quantum Corporation securities between November 15, 2024, and August 18, 2025, about the upcoming lead plaintiff deadline of November 3, 2025, in a securities class action lawsuit [1] Group 1: Class Action Details - Investors who purchased Quantum Corporation securities during the specified Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2] - A class action lawsuit has already been filed, and interested parties can join by contacting the law firm or visiting their website [3][6] - The lawsuit alleges that Quantum Corporation made false or misleading statements regarding its revenue recognition and will need to restate its financial statements for the fiscal third quarter ended December 31, 2024 [5] Group 2: Law Firm Credentials - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions, highlighting their own achievements in recovering hundreds of millions for investors [4] - The firm has been recognized for its performance in securities class action settlements, including being ranked No. 1 by ISS Securities Class Action Services in 2017 and securing over $438 million for investors in 2019 [4]
QUANTUM ALERT: Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against Quantum Corporation and Encourages Investors to Contact the Firm
Globenewswire· 2025-09-15 15:49
Bragar Eagel & Squire, P.C. Litigation Partner Brandon Walker Encourages Investors Who Suffered Losses In Quantum (QMCO) To Contact Him Directly To Discuss Their Options If you purchased or acquired securities in Quantum between November 15, 2024, and August 18, 2025 and would like to discuss your legal rights, call Bragar Eagel & Squire partner Brandon Walker or Marion Passmore directly at (212) 355-4648. NEW YORK, Sept. 15, 2025 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stoc ...
WiMi Lays Out Scalable Quantum Convolutional Neural Network to Enhance Image Classification Accuracy and Efficiency
Prnewswire· 2025-09-15 14:30
Accessibility StatementSkip Navigation This press release contains "forward-looking statements" within the Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," and similar statements. Statements that are not historical facts, including statements about the Company's beliefs and expectations, are forward-looking statements. Among other things, the bus ...
Rigetti Computing Gets Closer To Crucial Quantum Milestone (Rating Upgrade)
Seeking Alpha· 2025-09-14 04:57
Group 1 - The article highlights Uttam as a growth-oriented investment analyst focusing on the technology sector, particularly in semiconductors, Artificial Intelligence, and Cloud software [1] - Uttam's research also encompasses MedTech, Defense Tech, and Renewable Energy, indicating a diverse range of interests within the technology landscape [1] - The Pragmatic Optimist Newsletter, co-authored by Uttam and his wife Amrita Roy, is recognized and cited by major publications like the Wall Street Journal and Forbes, showcasing its influence in the investment community [1] Group 2 - Prior to his research career, Uttam led teams at major technology firms such as Apple and Google in Silicon Valley, emphasizing his extensive experience in the industry [1]
INVESTOR DEADLINE APPROACHING: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Quantum Corporation
Prnewswire· 2025-09-13 15:05
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Quantum Corporation due to allegations of improper revenue recognition and subsequent financial restatements, which have led to significant stock price declines and investor losses [2][4][5]. Group 1: Legal Investigation and Claims - Faruqi & Faruqi, LLP 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]. - 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]. - The lawsuit claims that Quantum Corporation made false and misleading statements regarding its revenue recognition and internal controls, which materially misled investors [4]. Group 2: Financial Disclosures and Stock Performance - On June 30, 2025, Quantum disclosed its inability to timely file its annual financial report due to a review of its accounting practices, resulting in a stock price drop of $1.00, or 10.03%, closing at $8.97 per share [5]. - On August 8, 2025, Quantum announced that its third quarter 2024 financial statements should no longer be relied upon, leading to a restatement that decreased revenue by approximately $3.9 million [6]. - 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].
D-Wave: Quantum Leap In Real Time
Seeking Alpha· 2025-09-12 21:55
Core Insights - D-Wave Quantum's stock has increased by 8%, aligning with broader market trends, and the company is achieving tangible results with its Advantage2 quantum annealer, which features over 4,400 qubits and 20-way connectivity [1] Company Analysis - Leadership & Management: D-Wave demonstrates a proven track record in scaling businesses, effective capital allocation, and insider ownership, alongside consistent revenue growth and credible guidance [1] - Financial Health: The company shows sustainable revenue growth with efficient cash flow, a strong balance sheet, and a long-term survival runway, while avoiding excessive dilution and financial weaknesses [1] Market Positioning - Competitive Advantage: D-Wave holds a strong technology moat and first-mover advantage, benefiting from network effects that drive exponential growth and market penetration in high-growth industries [1] Investment Methodology - Valuation: The analysis includes revenue multiples compared to peers and DCF modeling, with a focus on institutional backing and market sentiment to ensure downside protection while maximizing upside potential [1] - Portfolio Construction: The investment strategy includes core positions (50-70%) in high-confidence, stable plays, growth bets (20-40%) in high-risk, high-reward opportunities, and speculative investments (5-10%) in disruptive technologies with significant potential [1]
Did You Suffer Losses in QMCO? Stockholders Who Lost Money in Quantum Corporation Should Contact Robbins LLP About the QMCO Class Action Lawsuit
Globenewswire· 2025-09-12 19:03
Core Viewpoint - A class action lawsuit has been filed against Quantum Corporation (NASDAQ: QMCO) for alleged deficiencies in its internal control over financial reporting, leading to improper revenue recognition and the need for restatement of financial statements [1][2]. Allegations - The complaint states that Quantum Corporation failed to disclose improper revenue recognition during the fiscal year ended March 31, 2025 [2]. - As a result of these deficiencies, Quantum Corporation will need to restate its financial statements for the fiscal third quarter ended December 31, 2024 [2]. - The statements made by the defendants regarding the company's business, operations, and prospects were materially false and misleading [2]. Financial Impact - On August 8, 2025, Quantum Corporation announced that its 3Q24 financials would be restated, reflecting a decrease of approximately $3.9 million in revenue [3]. - The company also disclosed material weaknesses in its internal control over financial reporting and disclosure controls as of December 31, 2024, and March 31, 2025 [3]. Management Changes - Following the financial disclosures, Quantum Corporation's CFO announced resignation on August 18, 2025, after holding the position for less than five months [3].