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QUBT Investors Have Opportunity to Lead Quantum Computing Inc. Securities Fraud Lawsuit
Prnewswire· 2025-02-26 20:49
Core Viewpoint - Rosen Law Firm has announced the filing of a class action lawsuit on behalf of purchasers of Quantum Computing Inc. securities between March 30, 2020, and January 15, 2025, due to alleged misleading statements and undisclosed information regarding the company's operations and relationships [1][5]. Group 1: Lawsuit Details - The class action lawsuit claims that Quantum Computing Inc. overstated its technological capabilities and relationships with NASA, as well as its progress in developing a thin film lithium niobate foundry [5]. - Allegations include that Quantum Computing's revenues were partially reliant on undisclosed related party transactions, which could negatively impact the company's business and reputation once revealed [5]. - Investors who purchased securities during the specified Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. Group 2: Participation Information - Interested parties can join the class action by visiting the provided link or contacting Phillip Kim, Esq. for more information [3][6]. - A lead plaintiff must move the Court by April 28, 2025, to represent other class members in the litigation [1][3]. Group 3: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including the largest securities class action settlement against a Chinese company at the time [4]. - The firm has been consistently ranked among the top firms for securities class action settlements and has recovered hundreds of millions of dollars for investors [4].
INVESTOR ALERT: Class Action Lawsuit Filed on Behalf of Quantum Computing Inc. (QUBT) Investors – Holzer & Holzer, LLC Encourages Investors With Significant Losses to Contact the Firm
GlobeNewswire News Room· 2025-02-26 15:46
Core Viewpoint - A shareholder class action lawsuit has been filed against Quantum Computing Inc. alleging that the company made materially false and misleading statements regarding its business operations and prospects [1] Summary by Relevant Sections Allegations Against Quantum Computing Inc. - The lawsuit claims that the defendants overstated the capabilities of QCI's quantum computing technologies, products, and services [1] - It is alleged that the defendants exaggerated the nature and scope of QCI's relationship with NASA, including contracts and subcontracts [1] - The progress in developing a thin film lithium niobate (TFLN) foundry was reportedly overstated, along with the scale of the foundry and orders for TFLN chips [1] - Business dealings with Quad M Solutions, Inc. and millionways, Inc. are claimed to qualify as related party transactions [1] - QCI's revenues are said to have relied, at least in part, on undisclosed related party transactions [1] - The revelations from the lawsuit are likely to have a significant negative impact on QCI's business and reputation [1] Legal Information - Shareholders who purchased QCI shares between March 30, 2020, and January 15, 2025, and suffered significant losses are encouraged to discuss their legal rights [2] - The deadline to request to be appointed lead plaintiff in the case is April 28, 2025 [3]
BREAKING: Quantum Computing Inc. Sued For Securities Fraud; Investors Should Contact Block & Leviton to Potentially Recover Losses
Newsfilter· 2025-02-25 17:59
Core Viewpoint - A securities fraud lawsuit has been filed against Quantum Computing Inc. and certain executives, alleging misleading statements regarding the company's technology and business dealings [1][2]. Group 1: Allegations of the Lawsuit - The lawsuit claims that defendants overstated the capabilities of Quantum Computing Inc.'s quantum computing technologies, products, and services [2]. - It is alleged that the defendants misrepresented the nature and scope of Quantum Computing Inc.'s relationship with NASA, including contracts and subcontracts [2]. - The lawsuit also states that the progress in developing a TFLN foundry and the scale of purported TFLN foundry orders were overstated [2]. - Business dealings with Quad M and millionways are claimed to be related party transactions, which were not disclosed [2]. - The revenues of Quantum Computing Inc. are said to have relied, at least in part, on undisclosed related party transactions [2]. - The revelations from the lawsuit are expected to have a significant negative impact on Quantum Computing Inc.'s business and reputation [2]. - The public statements made by the defendants are characterized as materially false and misleading throughout the relevant period [2]. Group 2: Eligibility and Actions for Investors - Investors who purchased Quantum Computing Inc. common stock between March 30, 2020, and January 15, 2025, and have experienced a decline in share value may be eligible to participate in the lawsuit [3]. - The deadline for seeking appointment as lead plaintiff is April 28, 2025, and a class has not yet been certified [4]. - Investors are encouraged to contact Block & Leviton for more information regarding their potential claims [4]. Group 3: Whistleblower Information - Individuals with non-public information about Quantum Computing Inc. are encouraged to assist in the investigation or file a report with the SEC under the whistleblower program [5]. - Whistleblowers providing original information may receive rewards of up to 30% of any successful recovery [5]. Group 4: About Block & Leviton - Block & Leviton is recognized as a leading securities class action firm, having recovered billions for defrauded investors [6]. - The firm is dedicated to obtaining significant recoveries for clients through active litigation in federal courts [6].
Quantum Computing, Inc. Secures Fifth Purchase Order for TFLN Foundry and Previews PDK on a Commercial Platform
Prnewswire· 2025-01-28 13:30
Core Insights - Quantum Computing Inc. (QCi) has received a fifth purchase order for its thin film lithium niobate (TFLN) photonic chip foundry from a Canadian research group, indicating strong demand for its technology [1][2] - The order includes custom test structures based on QCi's TFLN photonic integrated circuit (PIC) chip technology, which are crucial for advanced designs in quantum photonics [2][3] - QCi's recent launch of its PIC Process Design Kit (PDK) on GDSFactory's platform enhances the design and manufacturing process for customers, streamlining access to its foundry services [3][4] Company Developments - QCi's new U.S.-based chip foundry in Tempe, Arizona, is set to begin operations later this quarter, focusing on manufacturing TFLN-based PICs and nanophotonic devices, which will strengthen its market position [5] - The company has secured multiple pre-orders through its Pilot Launch Program, including collaborations with a European technical university and a Canadian PIC design house, showcasing its growing partnerships [5] - QCi plans to introduce its PDK at SPIE Photonics West 2025, further promoting its technology and services within the photonics market [4] Industry Context - The increasing demand for TFLN technology highlights its energy efficiency and scalability, positioning QCi to address real-world challenges in next-generation photonics and quantum technologies [3] - The availability of QCi's PDK through additional service providers over the next two years will enhance accessibility for customers in the photonics market, indicating a strategic move to capture a larger market share [4]
Lost Money on Quantum Computing Inc. (QUBT)? You May Have Been Affected by Fraud - Contact Levi & Korsinsky
ACCESSWIRE Newsroom· 2025-01-17 14:45
Core Viewpoint - The article discusses potential fraud affecting investors in Quantum Computing Inc. (QUBT), suggesting that those who lost money may have been victims of fraudulent activities [1] Group 1 - Quantum Computing Inc. (QUBT) has been under scrutiny for possible fraudulent actions that may have impacted investors [1] - The article encourages affected investors to contact Levi & Korsinsky for assistance, indicating a legal avenue for those who believe they have been defrauded [1]
Quantum Computing Inc. INVESTIGATION: Levi & Korsinsky Investigates Potential Securities Fraud by Quantum Computing Inc. (QUBT)
ACCESSWIRE Newsroom· 2025-01-17 14:45
Core Viewpoint - Quantum Computing Inc. is under investigation by Levi & Korsinsky for potential securities fraud, raising concerns about the company's financial practices and disclosures [1] Company Summary - The investigation focuses on whether Quantum Computing Inc. misled investors regarding its financial health and operational performance [1] - The company has been involved in the quantum computing sector, which is characterized by rapid technological advancements and significant investment interest [1] Industry Summary - The quantum computing industry is experiencing heightened scrutiny as companies navigate complex regulatory environments and investor expectations [1] - Potential securities fraud cases in the industry could impact investor confidence and market dynamics, particularly for emerging technology firms [1]
QUBT INVESTIGATION: Quantum Computing Inc. Shares Decline Following Report by Capybara Research; Investors Encouraged to Contact Block & Leviton to Potentially Recover Losses
ACCESSWIRE Newsroom· 2025-01-17 13:30
QUBT INVESTIGATION: Quantum Computing Inc. Shares Decline Following Report by Capybara Research; Investors Encouraged to Contact Block & Leviton to Potentially Recover Losses ...
Quantum Computing Inc. Investors Who Have Lost Money Should Contact Block & Leviton to Find Out How They Might Recover Money Through The Firm's Investigation
Newsfilter· 2025-01-16 18:54
BOSTON, Jan. 16, 2025 (GLOBE NEWSWIRE) -- Block & Leviton is investigating Quantum Computing Inc. (NASDAQ:QUBT) for potential securities law violations. Investors who have lost money in their Quantum Computing Inc. investment should contact the firm to learn more about how they might recover those losses. For more details, visit https://blockleviton.com/cases/qubt. What is this all about? Shares of Quantum Computing Inc. are down over 8% in intraday trading on January 16, 2025, after Capybara Research publi ...
Quantum Computing, Inc. Announces Collaboration with Sanders Tri-Institutional Therapeutics Discovery Institute To Support Research Using Dirac-3 Systems
Prnewswire· 2025-01-15 13:30
HOBOKEN, N.J., Jan. 15, 2025 /PRNewswire/ -- Quantum Computing Inc. ("QCi" or the "Company") (Nasdaq: QUBT), an innovative, integrated photonics and quantum optics technology company, today announced a collaboration with Sanders Tri-Institutional Therapeutics Discovery Institute, Inc. (Sanders TDI) to drive advancement of research in computational biomedicine. Through this collaboration, QCi will provide Sanders TDI with access to its quantum computation technology and hardware, specifically with its Dirac- ...
Benzinga's 'Stock Whisper' Index: 5 Stocks Investors Secretly Monitor But Don't Talk About Yet, Including QUBT, QBTS
Benzinga· 2024-12-20 20:36
Each week, Benzinga’s Stock Whisper Index uses a combination of proprietary data and pattern recognition to showcase five stocks that are just under the surface and deserve attention.Investors are constantly on the hunt for undervalued, under-followed and emerging stocks. With countless methods available to retail traders, the challenge often lies in sifting through the abundance of information to uncover new opportunities and understand why certain stocks should be of interest.Read Also: EXCLUSIVE: Top 20 ...