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Rosen Law Firm Encourages Quantum Corporation Investors to Inquire About Securities Class Action Investigation - QMCO
QuantumQuantum(US:QMCO) Prnewswireยท2025-08-26 18:50

Core Viewpoint - Rosen Law Firm is investigating potential securities claims on behalf of shareholders of Quantum Corporation due to allegations of materially misleading business information [1] Group 1: Investigation and Legal Action - Shareholders of Quantum Corporation may be entitled to compensation through a class action lawsuit without any out-of-pocket fees [2] - The Rosen Law Firm is preparing a class action to seek recovery of investor losses [2] Group 2: Company Developments - On August 18, 2025, Quantum Corporation's CFO, Lewis Moorehead, resigned amid an internal accounting review related to revenue recognition practices [3] - Following the announcement of the CFO's resignation, Quantum's stock price fell by $0.61 per share, or 8.2%, closing at $6.83 per share on August 19, 2025 [3] Group 3: Rosen Law Firm's Credentials - The Rosen Law Firm has a strong track record in securities class actions, having achieved the largest securities class action settlement against a Chinese company at the time [4] - The firm has been ranked in the top 4 for securities class action settlements since 2013 and recovered hundreds of millions of dollars for investors, including over $438 million in 2019 [4]