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Kessler Topaz Meltzer & Check, LLP Notifies Quantum Computing Inc. Investors of Upcoming Deadline in Securities Fraud Class Action Lawsuit
Prnewswire· 2025-03-25 20:47
Core Viewpoint - A securities class action lawsuit has been filed against Quantum Computing Inc. (QCI) for allegedly making materially false and misleading statements regarding its business operations and prospects during the class period from March 30, 2020, to January 15, 2025 [1][2]. Allegations Against Defendants - The complaint alleges that QCI overstated the capabilities of its quantum computing technologies, products, and services [2] - It is claimed that QCI exaggerated the nature and scope of its relationship with NASA, including contracts and subcontracts [2] - The company allegedly overstated its progress in developing a thin film lithium niobate (TFLN) foundry and the scale of its TFLN chip orders [2] - QCI's business dealings included undisclosed related party transactions, which contributed to its revenue [2] - The revelations of these issues are expected to have a significant negative impact on QCI's business and reputation [2] - Defendants' positive statements about QCI's business were deemed materially misleading and lacked a reasonable basis [2]. Lead Plaintiff Process - Investors in QCI can seek to be appointed as lead plaintiff representatives by April 28, 2025, or may choose to remain absent class members [3] - The lead plaintiff will represent all class members in directing the litigation and selecting counsel [3] - Participation as a lead plaintiff does not affect the ability to share in any recovery from the lawsuit [3]. Firm Background - Kessler Topaz Meltzer & Check, LLP has a reputation for prosecuting class actions and has recovered billions for victims of corporate misconduct [4].
Class Action Filed Against Quantum Computing Inc. (QUBT) Seeking Recovery for Investors - Contact The Gross Law Firm
Prnewswire· 2025-03-24 09:45
NEW YORK, March 24, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Quantum Computing Inc. (NASDAQ: QUBT).Shareholders who purchased shares of QUBT during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/quantum-computing-inc-loss-submission-form/?id=137701&from=4 CLASS PERIOD: March ...
Quantum puting (QUBT) - 2024 Q4 - Earnings Call Transcript
2025-03-21 13:37
Quantum Computing (QUBT) Q4 2024 Earnings Call March 21, 2025 09:37 AM ET Company Participants Rosalyn Christian - Account ManagerWilliam McGann - CEOChris Boehmler - CFO Conference Call Participants Edward Woo - Director of Research & Senior Analyst Operator Greetings. Welcome to the Quantum Computing Inc. Fourth Quarter twenty twenty four Shareholder Update Conference Call. At this time, all participants are in a listen only mode. A question and answer session will follow the formal presentation. Please n ...
Contact Levi & Korsinsky by April 28, 2025 Deadline to Join Class Action Against Quantum Computing Inc.(QUBT)
Prnewswire· 2025-03-21 09:45
NEW YORK, March 21, 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 ...
QUBT Announcement: Kessler Topaz Meltzer & Check, LLP Encourages Quantum Computing Inc. (QUBT) Investors to Contact the Firm About Securities Fraud Class Action Lawsuit
Prnewswire· 2025-03-21 00:30
Core Viewpoint - A securities class action lawsuit has been filed against Quantum Computing Inc. (QCI) for allegedly making materially false and misleading statements regarding its business operations and prospects during the class period from March 30, 2020, to January 15, 2025 [1][2]. Allegations Against Defendants - The lawsuit claims that QCI overstated the capabilities of its quantum computing technologies, products, and services [2] - It is alleged that QCI misrepresented the nature and scope of its relationship with NASA, including contracts and subcontracts [2] - The company is accused of exaggerating its progress in developing a thin film lithium niobate (TFLN) foundry and the scale of its TFLN chip orders [2] - QCI's business dealings included undisclosed related party transactions, which contributed to its revenue [2] - The lawsuit suggests that the eventual revelation of these issues would significantly harm QCI's business and reputation [2] - Defendants' positive statements about QCI's business were claimed to be materially misleading and lacked a reasonable basis [2]. Lead Plaintiff Process - Investors in QCI can seek to be appointed as lead plaintiffs by April 28, 2025, or remain absent class members [3] - The lead plaintiff represents the interests of all class members and selects counsel to direct the litigation [3] - Participation as a lead plaintiff does not affect the ability to share in any recovery from the lawsuit [3].
Quantum puting (QUBT) - 2024 Q4 - Earnings Call Transcript
2025-03-20 21:37
Quantum Computing Inc. (NASDAQ:QUBT) Q4 2024 Earnings Conference Call March 20, 2025 4:30 PM ET Company Participants Rosalyn Christian - Investor Relations William McGann - Chief Executive Officer Chris Boehmler - Chief Financial Officer Conference Call Participants Ed Woo - Ascendiant Capital Operator Greetings. Welcome to the Quantum Computing Inc. Fourth Quarter 2024 Shareholder Update Conference Call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the ...
Quantum puting (QUBT) - 2024 Q4 - Annual Report
2025-03-20 20:31
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 | Delaware | 82-4533053 | | --- | --- | | (State or other jurisdiction of | (I.R.S Employer | | incorporation or organization) | Identification No.) | | 5 Marine View Plaza, Suite 214, Hoboken, NJ | 07030 | | (Address of principal executive offices) | (Zip Code) | Registrant's telephone ...
QUBT STOCK NEWS: Quantum Computing Inc. Stockholders with Large Losses Should Contact Robbins LLP for Information About the QUBT Securities Fraud Class Action
Prnewswire· 2025-03-19 00:43
Core Viewpoint - A class action lawsuit has been filed against Quantum Computing Inc. (QUBT) for allegedly misleading investors regarding its technology capabilities and business dealings, particularly with NASA and related-party transactions [1][2]. Allegations - The lawsuit claims that QCI overstated its quantum computing technologies, its relationship with NASA, and the progress on its TFLN foundry [2]. - It is alleged that QCI's revenues were partially based on undisclosed related-party transactions, which could significantly harm the company's reputation once revealed [2]. - A report by Capybara Research accused QCI of fabricating revenues and overstating ties to NASA, leading to a significant drop in stock price [3]. Stock Impact - Following the allegations, QCI's stock price fell by $1.72, or 14.89%, closing at $9.83 per share on January 17, 2025 [3]. Class Action Participation - Shareholders interested in participating as lead plaintiffs must file by April 28, 2025, but can remain absent class members without taking action [4]. Legal Representation - Robbins LLP operates on a contingency fee basis, meaning shareholders incur no fees or expenses unless the case is won [5].
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 ...