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INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Quantum Corporation - QMCO
QuantumQuantum(US:QMCO) GlobeNewswire News Room·2025-09-06 14:29

Core Viewpoint - Pomerantz LLP is investigating claims of potential securities fraud or unlawful business practices involving Quantum Corporation and its officers or directors [1]. Group 1: Company Developments - On August 18, 2025, Quantum announced the resignation of its Chief Financial Officer Lewis Moorehead due to an internal accounting review related to revenue recognition practices [3]. - Following the announcement of the CFO's resignation, Quantum's stock price decreased by $0.61 per share, representing an 8.2% decline, closing at $6.83 per share on August 19, 2025 [3]. Group 2: Legal Context - Pomerantz LLP is recognized as a leading firm in corporate, securities, and antitrust class litigation, with a history of fighting for victims of securities fraud and corporate misconduct [4].