QUBT INVESTOR ALERT: Quantum Computing Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit

Core Viewpoint - A class action lawsuit has been filed against Quantum Computing Inc. for alleged violations of the Securities Exchange Act of 1934, with a deadline for lead plaintiff applications set for April 28, 2025 [1][3]. Summary by Relevant Sections Class Action Details - The lawsuit, titled Cohen v. Quantum Computing Inc., involves purchasers of Quantum Computing securities from March 30, 2020, to January 15, 2025 [1]. - Investors who suffered substantial losses during this period can seek to be appointed as lead plaintiff [2][6]. Allegations Against Quantum Computing - The lawsuit alleges that Quantum Computing and its executives made false or misleading statements regarding: - The capabilities of its quantum computing technologies and products [3]. - The nature of its relationship with NASA and related contracts [3]. - The development and scale of its thin film lithium niobate (TFLN) foundry [3]. - Business dealings with Quad M Solutions, Inc. and millionways, Inc. as related party transactions [3]. - Overall, these misrepresentations are claimed to have negatively impacted Quantum Computing's business and reputation once revealed [3]. Impact of Reports on Stock Price - On December 9, 2024, a report by Iceberg Research suggested that Quantum Computing's foundry setup was more akin to a laboratory, leading to a nearly 6% drop in stock price [4]. - Following a January 16, 2025 report by Capybara Research, which labeled Quantum Computing as a "rampant fraud," the stock price fell nearly 15% over two trading sessions [5]. Legal Process for Lead Plaintiff - The Private Securities Litigation Reform Act of 1995 allows any investor who purchased Quantum Computing securities during the class period to seek lead plaintiff status [6]. - The lead plaintiff represents the interests of all class members and can select a law firm for litigation [6]. About Robbins Geller - Robbins Geller Rudman & Dowd LLP is a leading law firm in securities fraud cases, having recovered $6.6 billion for investors in class action cases [7][8]. - The firm has been recognized for securing significant monetary relief for investors, including the largest recovery in history of$7.2 billion in the Enron case [8].