INVESTIGATION ALERT: Edelson Lechtzin LLP Announces Investigation Of Quantum Corporation (NASDAQ: QMCO) and Encourages Investors with Substantial Losses or Witnesses with Relevant Information to Contact the Firm

Company Overview - Quantum Corporation is a data storage and management company that specializes in technology for unstructured data, including backup, archiving, and high-performance storage systems for video and large-scale data environments [3] Allegations and Impact - Edelson Lechtzin LLP is investigating potential violations of federal securities laws involving Quantum, stemming from allegations of providing potentially misleading business information to investors [1] - On June 30, 2025, Quantum announced it would be unable to meet the filing deadline for its Annual Report on Form 10-K for the fiscal year ended March 31, 2025, due to a review of accounting related to certain revenue contracts and the application of standalone selling price under applicable accounting standards [4] - Following this announcement, Quantum's stock price fell by up to 15% during after-hours trading on June 30, 2025 [4]