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INVESTOR ALERT: Class Action Lawsuit Filed on Behalf of Quantum Corp. (QMCO) Investors – Holzer & Holzer, LLC Encourages Investors With Significant Losses to Contact the Firm
QuantumQuantum(US:QMCO) GlobeNewswire News Room·2025-09-05 14:34

Core Points - A shareholder class action lawsuit has been filed against Quantum Corporation alleging that the company made materially false and misleading statements regarding its financial practices [1] - The lawsuit claims that Quantum improperly recognized revenue for the fiscal year ended March 31, 2025, necessitating a restatement of financial statements for the fiscal third quarter ended December 31, 2024 [1] - The allegations suggest that the statements made by the defendants about Quantum's business, operations, and prospects were materially false and lacked a reasonable basis [1] Legal Information - Shareholders who purchased Quantum shares between November 15, 2024, and August 18, 2025, and suffered significant losses are encouraged to discuss their legal rights [2] - The deadline to request to be appointed as lead plaintiff in the case is November 3, 2025 [3] - Holzer & Holzer, LLC is representing shareholders in this litigation and has a history of recovering significant amounts for investors affected by corporate misconduct [3]