Workflow
QMCO Investors Have Opportunity to Lead Quantum Corporation Securities Fraud Lawsuit with the Schall Law Firm
QuantumQuantum(US:QMCO) Businesswireยท2025-09-06 22:07

Core Viewpoint - Quantum Corporation is facing a class action lawsuit for securities fraud due to false and misleading statements regarding revenue recognition, which led to a restatement of financial statements [5]. Group 1: Lawsuit Details - The class action lawsuit is initiated by the Schall Law Firm against Quantum Corporation for violations of the Securities Exchange Act of 1934 [1]. - Investors who purchased Quantum's securities between November 15, 2024, and August 18, 2025, are encouraged to contact the firm before November 3, 2025 [2]. - The lawsuit claims that Quantum improperly recognized revenue during the fiscal year ending March 31, 2025, resulting in materially misleading public statements [5]. Group 2: Investor Participation - Shareholders who suffered losses are invited to participate in the lawsuit to recover their losses [5]. - The class has not yet been certified, meaning that until certification occurs, investors are not represented by an attorney [4]. - Interested investors can contact the Schall Law Firm for a free discussion of their rights [3].