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

Core Viewpoint - A securities class action lawsuit has been filed against Quantum Computing Inc. (QCI) for allegedly making false and misleading statements regarding its business operations and financial prospects during the class period from March 30, 2020, to January 15, 2025 [1]. Group 1: Allegations Against QCI - The complaint alleges that QCI overstated the capabilities of its quantum computing technologies, products, and services [3]. - It is claimed that QCI misrepresented the nature and scope of its relationship with NASA, including its contracts and subcontracts [3]. - 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 [3]. - QCI's business dealings with two entities are described as related party transactions that were not disclosed [3]. - The lawsuit suggests that QCI's revenues were partially dependent on undisclosed related party transactions [3]. - The allegations indicate that the eventual revelation of these facts could significantly harm QCI's business and reputation [3]. - Positive statements made by QCI regarding its business operations and prospects are claimed to be materially misleading and lacking a reasonable basis [3]. Group 2: Legal Process and Representation - Investors in QCI have until April 28, 2025, to seek appointment as lead plaintiff representatives in the class action [4]. - A lead plaintiff is typically the investor or small group of investors with the largest financial interest in the case [4]. - The lead plaintiff will select counsel to represent the class, and their ability to recover is not affected by their decision to serve as lead plaintiff [4].