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].
BREAKING: Quantum Computing Inc. Sued For Securities Fraud; Investors Should Contact Block & Leviton to Potentially Recover Losses