Quantum puting (QUBT) Prnewswire·2025-04-08 09:45Core 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]. Case Details - The lawsuit alleges that defendants made false statements regarding QCI's quantum computing technologies, overstating their capabilities [2] - It is claimed that the defendants misrepresented the nature and scope of QCI's relationship with NASA, including contracts and subcontracts [2] - Allegations include overstating QCI's progress in developing a thin film lithium niobate (TFLN) foundry and the scale of its operations [2] - The complaint suggests that QCI's business dealings with Quad M and millionways were related party transactions, which were not disclosed [2] - It is asserted that QCI's revenues were partially dependent on these undisclosed related party transactions [2] - The lawsuit indicates that the revelations of these issues could significantly harm QCI's business and reputation [2] - Overall, the defendants' public statements are claimed to have been materially false and misleading throughout the relevant period [2] Next Steps - Investors who suffered losses in Quantum Computing Inc. during the specified timeframe have until April 28, 2025, to request to be appointed as lead plaintiff [3] - Participation in the lawsuit does not require serving as a lead plaintiff, and there are no out-of-pocket costs for class members [3] Why Levi & Korsinsky - Levi & Korsinsky has a history of securing substantial compensation 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 a leading securities litigation firm in the U.S. [4]