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Johnson Fistel Investigates Quantum Computing: Long-Term Investors Encouraged to Reach Out
GlobeNewswire News Room· 2025-06-03 19:56
Core Viewpoint - Johnson Fistel, PLLP is investigating potential breaches of fiduciary duties by directors and officers of Quantum Computing Inc. (QCI), focusing on their obligations to shareholders [1]. Group 1: Legal Investigation - A class action complaint has been filed against QCI, alleging that the defendants made false and misleading statements regarding the company's quantum computing technologies and relationships with NASA [3]. - The complaint claims that QCI overstated its technological capabilities, the nature of its contracts with NASA, and its progress in developing a TFLN foundry [3]. - It is alleged that QCI's revenues were partially based on undisclosed related party transactions, which could significantly harm the company's business and reputation once revealed [3]. Group 2: Shareholder Rights - Current long-term QCI shareholders may have legal claims that can be brought against the company's directors and officers [2]. - Shareholders interested in discussing their legal rights are encouraged to contact the lead analyst at Johnson Fistel [2].
The Gross Law Firm Reminds Shareholders of a Lead Plaintiff Deadline of April 28, 2025 in Quantum Computing Inc. Lawsuit - QUBT
Prnewswire· 2025-04-28 09:45
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Quantum Computing Inc. (NASDAQ: QUBT) regarding a class action lawsuit alleging that the company made materially false and misleading statements about its technologies, relationships, and business dealings [1][2]. Allegations Summary - The complaint alleges that QCI overstated the capabilities of its quantum computing technologies, products, and services [1]. - It is claimed that QCI exaggerated the nature and scope of its relationship with NASA, including contracts and subcontracts [1]. - The company allegedly overstated its progress in developing a thin film lithium niobate (TFLN) foundry and the scale of its operations related to TFLN chips [1]. - QCI's business dealings with Quad M and millionways are described as related party transactions, which were not disclosed [1]. - The revenues of QCI are said to have relied, at least in part, on these undisclosed related party transactions [1]. - The revelations of these issues are likely to have a significant negative impact on QCI's business and reputation [1]. - The public statements made by the defendants are characterized as materially false and misleading throughout the relevant period [1]. Next Steps for Shareholders - Shareholders who purchased QUBT shares during the specified class period are encouraged to register for the class action by the deadline of April 28, 2025 [2]. - Upon registration, shareholders will be enrolled in a portfolio monitoring software to receive updates on the case [2]. - There is no cost or obligation for shareholders to participate in this case [2].
Quantum Computing Inc. (QUBT) Lead Plaintiff Deadline is Quickly Approaching – Contact Robbins LLP to Learn How You Can Serve as Lead Plaintiff for the Class
GlobeNewswire News Room· 2025-04-03 21:52
SAN DIEGO, April 03, 2025 (GLOBE NEWSWIRE) -- Robbins LLP reminds stockholders that a class action was filed on behalf of all persons or entities that purchased or otherwise acquired Quantum Computing Inc. (NASDAQ: QUBT) securities between March 30, 2020 and January 15, 2025. Quantum Computing (QCI) purportedly uses nonlinear quantum optics to deliver quantum products for high-performance computing applications. For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) ...
Gainey McKenna & Egleston Announces A Class Action Lawsuit Has Been Filed Quantum Computing Inc. (QUBT)
GlobeNewswire News Room· 2025-04-02 00:00
NEW YORK, April 01, 2025 (GLOBE NEWSWIRE) -- Gainey McKenna & Egleston announces that a securities class action lawsuit has been filed in the United States District Court for the District of New Jersey on behalf of all persons or entities who purchased or otherwise acquired Quantum Computing Inc. ("Quantum Computing" or the "Company") (NASDAQ: QUBT) securities between March 30, 2020 and January 15, 2025, inclusive (the "Class Period"). The Complaint alleges that Defendants made false and/or misleading state ...
Shareholders that lost money on Quantum Computing Inc.(QUBT) Urged to Join Class Action - Contact The Gross Law Firm to Learn More
Prnewswire· 2025-03-31 09:45
CLASS PERIOD: March 30, 2020 to January 15, 2025 ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (i) defendants overstated the capabilities of QCI's quantum computing technologies, products, and/or services; (ii) defendants overstated the scope and nature of QCI's relationship with NASA, as well as the scope and nature of QCI's NASA-related contracts and/or subcontracts; (iii) defendants overstat ...
Class Action Filed Against Quantum Computing Inc. (QUBT) - April 28, 2025 Deadline to Join - Contact Levi & Korsinsky
Prnewswire· 2025-03-18 09:45
Core Viewpoint - A class action securities lawsuit has been filed against Quantum Computing Inc. (QUBT) for alleged securities fraud affecting investors between March 30, 2020, and January 15, 2025 [1][2]. Group 1: Allegations of Fraud - The lawsuit claims that defendants overstated the capabilities of QCI's quantum computing technologies, products, and services [2] - It is alleged that defendants misrepresented the nature and scope of QCI's relationship with NASA, including contracts and subcontracts [2] - The complaint states that QCI's progress in developing a thin film lithium niobate (TFLN) foundry was overstated, along with the scale of the foundry and orders for TFLN chips [2] - QCI's business dealings with Quad M and millionways are claimed to be related party transactions, which were not disclosed [2] - The lawsuit suggests that QCI's revenues were partially reliant on these undisclosed related party transactions [2] - The revelations of these issues are expected to have a significant negative impact on QCI's business and reputation, rendering the defendants' public statements materially false and misleading [2] Group 2: Legal Process and Participation - Investors who suffered losses in Quantum Computing Inc. during the relevant time frame have until April 28, 2025, to request to be appointed as lead plaintiff [3] - Class members may be entitled to compensation without any out-of-pocket costs or fees, and participation does not require serving as a lead plaintiff [3] Group 3: Firm Background - Levi & Korsinsky, LLP has a history of securing hundreds of millions of dollars for shareholders and has extensive expertise in complex securities litigation [4] - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as one of the top securities litigation firms in the United States [4]
Investors in Quantum Computing Inc. Should Contact The Gross Law Firm Before April 28, 2025 to Discuss Your Rights - QUBT
Prnewswire· 2025-03-03 10:45
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Quantum Computing Inc. (NASDAQ: QUBT) regarding a class action lawsuit due to alleged misleading statements and omissions made by the company during the class period from March 30, 2020, to January 15, 2025 [1]. Allegations - The complaint alleges that QCI overstated the capabilities of its quantum computing technologies, products, and services [1]. - It is claimed that QCI exaggerated the nature and scope of its relationship with NASA, including contracts and subcontracts [1]. - The company allegedly overstated its progress in developing a thin film lithium niobate (TFLN) foundry and the scale of its operations related to TFLN chips [1]. - QCI's business dealings with Quad M and millionways are said to qualify as related party transactions, which were not disclosed [1]. - The revenues of QCI were reportedly reliant on undisclosed related party transactions, which could negatively impact the company's business and reputation once revealed [1]. - The public statements made by QCI were deemed materially false and misleading throughout the relevant period [1]. Next Steps for Shareholders - Shareholders who purchased QUBT shares during the specified timeframe are encouraged to register for the class action by April 28, 2025 [2]. - Upon registration, shareholders will be enrolled in a portfolio monitoring software to receive updates on the case [2]. - Participation in the case incurs no cost or obligation for the shareholders [2]. About the Gross Law Firm - The Gross Law Firm is a nationally recognized class action law firm focused on protecting the rights of investors affected by deceit, fraud, and illegal business practices [3]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements or omissions [3].