QUBT Investor Reminder: Kessler Topaz Meltzer & Check, LLP Reminds Investors of Securities Fraud Class Action Lawsuit Filed Against Quantum Computing Inc. (QUBT)

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 its contracts and subcontracts [2]. - The company purportedly exaggerated its progress in developing a thin film lithium niobate (TFLN) foundry and the scale of its operations related to TFLN chips [2]. - QCI's business dealings included undisclosed related party transactions, which contributed to its revenue [2]. - The lawsuit suggests that the revelations of these issues would likely have a significant negative impact on 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 have until April 28, 2025, to seek appointment as a lead plaintiff representative of the class [3]. - A lead plaintiff acts on behalf of all class members and is typically the investor or group of investors with the largest financial interest [3]. - The decision to serve as a lead plaintiff does not affect an investor's ability to share in any recovery from the lawsuit [3]. Firm Background - Kessler Topaz Meltzer & Check, LLP is known for prosecuting class actions and has recovered billions for victims of corporate misconduct [4]. - The firm aims to protect investors and consumers from fraud and negligence by businesses [4].