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Class Action Filed Against Quantum Computing Inc. (QUBT) - April 28, 2025 Deadline to Join - Contact Levi & Korsinsky
Prnewswire· 2025-03-18 09:45
Core Viewpoint - A class action securities lawsuit has been filed against Quantum Computing Inc. (QUBT) for alleged securities fraud affecting investors between March 30, 2020, and January 15, 2025 [1][2]. Group 1: Allegations of Fraud - The lawsuit claims that defendants overstated the capabilities of QCI's quantum computing technologies, products, and services [2] - It is alleged that defendants misrepresented the nature and scope of QCI's relationship with NASA, including contracts and subcontracts [2] - The complaint states that QCI's progress in developing a thin film lithium niobate (TFLN) foundry was overstated, along with the scale of the foundry and orders for TFLN chips [2] - QCI's business dealings with Quad M and millionways are claimed to be related party transactions, which were not disclosed [2] - The lawsuit suggests that QCI's revenues were partially reliant on these undisclosed related party transactions [2] - The revelations of these issues are expected to have a significant negative impact on QCI's business and reputation, rendering the defendants' public statements materially false and misleading [2] Group 2: Legal Process and Participation - Investors who suffered losses in Quantum Computing Inc. during the relevant time frame have until April 28, 2025, to request to be appointed as lead plaintiff [3] - Class members may be entitled to compensation without any out-of-pocket costs or fees, and participation does not require serving as a lead plaintiff [3] Group 3: Firm Background - Levi & Korsinsky, LLP has a history of securing hundreds of millions of dollars for shareholders and has extensive expertise in complex securities litigation [4] - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as one of the top securities litigation firms in the United States [4]
Quantum Computing Inc. to Host Fourth Quarter and Full Year 2024 Shareholder Call on Thursday, March 20, 2025
Prnewswire· 2025-03-13 12:30
HOBOKEN, N.J., March 13, 2025 /PRNewswire/ -- Quantum Computing Inc. ("QCi" or the "Company") (Nasdaq: QUBT), an innovative, integrated photonics and quantum optics technology company, today announced that the Company will host a conference call and webcast on Thursday, March 20, 2025 at 4:30 p.m. Eastern Time to review the Company's operational progress for the fourth quarter and full year ended December 31, 2024.  The Company will release its fourth quarter and full year 2024 financial results that day af ...
Quantum Computing Inc. (QUBT) Investors Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
Prnewswire· 2025-03-10 16:00
BENSALEM, Pa., March 10, 2025 /PRNewswire/ -- The Law Offices of Howard G. Smith announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Quantum Computing Inc. ("QCI" or the "Company") (NASDAQ: QUBT).IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN QUANTUM COMPUTING INC. (QUBT), CONTACT THE LAW OFFICES OF HOWARD G. SMITH BEFORE APRIL 28, 2025 (LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE ONGOING SECURITIES FRAUD LAWSUIT.Contact the Law Offic ...
QUBT REMINDER: Kessler Topaz Meltzer & Check, LLP Urges QUBT Investors with Losses to Contact the Firm
Prnewswire· 2025-03-10 13:00
RADNOR, Pa., March 10, 2025 /PRNewswire/ -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com)  informs investors that a securities class action lawsuit has been filed against Quantum Computing Inc. ("QCI") (NASDAQ: QUBT) on behalf of those who purchased or otherwise acquired QCI securities between March 30, 2020, and January 15, 2025, inclusive (the "Class Period"). The lead plaintiff deadline is April 28, 2025.CONTACT KESSLER TOPAZ MELTZER & CHECK, LLP: If you suffered QCI losses, you may C ...
Deadline Alert: Quantum Computing Inc. (QUBT) Investors Who Lost Money Urged To Contact Glancy Prongay & Murray LLP About Securities Fraud Lawsuit
Globenewswire· 2025-03-07 17:00
Core Viewpoint - A class action lawsuit has been filed against Quantum Computing Inc. (QCI) for allegedly making materially false and misleading statements regarding its business operations and financial performance during the class period from March 30, 2020, to January 15, 2025 [1][5]. Group 1: Allegations and Impact - Iceberg Research published a report on November 27, 2024, claiming that QCI's statements about its thin film lithium niobate (TFLN) foundry and related purchase orders were deceptive, leading to a stock price drop of $0.46 (5.8%) to close at $7.47 on December 9, 2024 [2]. - A subsequent report by Capybara Research on January 16, 2025, alleged that QCI overstated its relationship with NASA and fabricated revenues through related-party transactions, causing the stock price to fall by $1.72 (14.9%) to close at $9.83 on January 17, 2025 [3][4]. Group 2: Details of the Lawsuit - The lawsuit claims that QCI's executives made false statements about the company's quantum computing technologies, overstated its relationship with NASA, and misrepresented the status of its TFLN foundry and related orders [5]. - It is alleged that QCI's revenues were partially based on undisclosed related-party transactions, which, when revealed, would significantly harm the company's business and reputation [5]. Group 3: Legal Proceedings - Investors who purchased QCI securities during the class period have until April 28, 2025, to file a lead plaintiff motion in the class action lawsuit [1][6].
Class Action Announcement QUBT: A Securities Fraud Class Action Lawsuit Was Filed Against Quantum Computing Inc. (QUBT)
Prnewswire· 2025-03-05 23:28
RADNOR, Pa., March 5, 2025 /PRNewswire/ -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com)  informs investors that a securities class action lawsuit has been filed against Quantum Computing Inc. ("QCI") (NASDAQ: QUBT) on behalf of those who purchased or otherwise acquired QCI securities between March 30, 2020, and January 15, 2025, inclusive (the "Class Period"). The lead plaintiff deadline is April 28, 2025.CONTACT KESSLER TOPAZ MELTZER & CHECK, LLP:If you suffered QCI losses, you may CLI ...
Investors who lost money on Quantum Computing Inc.(QUBT) should contact Levi & Korsinsky about pending Class Action - QUBT
Prnewswire· 2025-03-04 10:45
NEW YORK, March 4, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Quantum Computing Inc. ("Quantum Computing Inc." or the "Company") (NASDAQ: QUBT) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Quantum Computing Inc. investors who were adversely affected by alleged securities fraud between March 30, 2020 and January 15, 2025. Follow the link below to get more information and be contacted by a member of our team:https://zlk.com/pslra ...
Investors in Quantum Computing Inc. Should Contact The Gross Law Firm Before April 28, 2025 to Discuss Your Rights - QUBT
Prnewswire· 2025-03-03 10:45
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Quantum Computing Inc. (NASDAQ: QUBT) regarding a class action lawsuit due to alleged misleading statements and omissions made by the company during the class period from March 30, 2020, to January 15, 2025 [1]. Allegations - The complaint alleges that QCI overstated the capabilities of its quantum computing technologies, products, and services [1]. - It is claimed that QCI exaggerated the nature and scope of its relationship with NASA, including contracts and subcontracts [1]. - The company allegedly overstated its progress in developing a thin film lithium niobate (TFLN) foundry and the scale of its operations related to TFLN chips [1]. - QCI's business dealings with Quad M and millionways are said to qualify as related party transactions, which were not disclosed [1]. - The revenues of QCI were reportedly reliant on undisclosed related party transactions, which could negatively impact the company's business and reputation once revealed [1]. - The public statements made by QCI were deemed materially false and misleading throughout the relevant period [1]. Next Steps for Shareholders - Shareholders who purchased QUBT shares during the specified timeframe are encouraged to register for the class action by April 28, 2025 [2]. - Upon registration, shareholders will be enrolled in a portfolio monitoring software to receive updates on the case [2]. - Participation in the case incurs no cost or obligation for the shareholders [2]. About the Gross Law Firm - The Gross Law Firm is a nationally recognized class action law firm focused on protecting the rights of investors affected by deceit, fraud, and illegal business practices [3]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements or omissions [3].
QUBT Investors Have Opportunity to Lead Quantum Computing Inc. Securities Fraud Lawsuit with the Schall Law Firm
Prnewswire· 2025-02-28 20:03
Core Viewpoint - A class action lawsuit has been filed against Quantum Computing Inc. for alleged violations of securities laws, claiming the company made false and misleading statements regarding its technology capabilities and business relationships [1][4]. Group 1: Lawsuit Details - The lawsuit pertains to Quantum Computing's securities purchased between March 30, 2020, and January 15, 2025, encouraging affected investors to contact the Schall Law Firm before April 28, 2025 [2]. - The class action has not yet been certified, meaning potential class members are not currently represented by an attorney [3]. Group 2: Allegations Against the Company - Quantum Computing is accused of overstating its technological capabilities and the extent of its relationship with NASA, including exaggerating contracts and progress in developing a thin film lithium niobate (TFLN) foundry [4]. - The company allegedly relied on undisclosed related party transactions for revenue, which contributed to misleading public statements throughout the class period [4].
Shareholders that lost money on Quantum Computing Inc.(QUBT) Urged to Join Class Action - Contact Levi & Korsinsky to Learn More
Prnewswire· 2025-02-28 10:45
Core Viewpoint - A class action securities lawsuit has been filed against Quantum Computing Inc. (QUBT) alleging securities fraud that affected investors between March 30, 2020, and January 15, 2025 [1][2]. Group 1: Allegations of Fraud - The lawsuit claims that defendants overstated the capabilities of QCI's quantum computing technologies, products, and services [2] - It is alleged that defendants misrepresented the nature and scope of QCI's relationship with NASA, including contracts and subcontracts [2] - The complaint asserts that QCI's progress in developing a thin film lithium niobate (TFLN) foundry was exaggerated, along with the scale of the foundry and orders for TFLN chips [2] - QCI's business dealings with Quad M and millionways are claimed to be related party transactions, which were not disclosed [2] - The lawsuit suggests that QCI's revenues were partially dependent on these undisclosed related party transactions [2] - The revelations of these issues are expected to have a significant negative impact on QCI's business and reputation [2] - As a result, the public statements made by defendants were materially false and misleading throughout the relevant period [2] Group 2: Legal Process and Participation - Investors who suffered losses in Quantum Computing Inc. during the specified timeframe have until April 28, 2025, to request appointment as lead plaintiff [3] - Participation in the lawsuit does not require serving as a lead plaintiff, and class members may be entitled to compensation without any out-of-pocket costs [3] Group 3: Firm Background - Levi & Korsinsky, LLP has a history of securing hundreds of millions of dollars for shareholders and has extensive expertise in complex securities litigation [4] - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as one of the leading securities litigation firms in the United States [4]