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QUBT Investor Reminder: Kessler Topaz Meltzer & Check, LLP Reminds Investors of Securities Fraud Class Action Lawsuit Filed Against Quantum Computing Inc. (QUBT)

1. A class action lawsuit has been filed against QCI (QUBT). 2. Allegations include misleading statements by QCI about its business operations. 3. Investors can seek to become lead plaintiffs by April 28, 2025. 4. QCI purportedly overstated relationships and capabilities with NASA and TFLN technology. 5. The lawsuit indicates potential significant negative impacts on QCI's reputation.

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FAQ

Why Very Bearish?

The lawsuit exposes possible fraud and misleading statements, historically leading to significant stock declines. Similar cases in tech have seen firms lose substantial market value with such allegations.

How important is it?

The lawsuit could severely impact QUBT's stock price and investor confidence, as seen in other tech securities fraud cases. Concerns about misrepresentation resonate strongly with financial markets.

Why Short Term?

Immediate legal concerns and public perception issues will likely drive QUBT's price down quickly, evident in past securities fraud cases affecting tech stocks.

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RADNOR, Pa., April 14, 2025 /PRNewswire/

The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed against Quantum Computing Inc. ("QCI") (NASDAQ: QUBT) on behalf of those who purchased or otherwise acquired QCI securities between March 30, 2020, and January 15, 2025, inclusive (the "Class Period"). The lead plaintiff deadline is April 28, 2025.

CONTACT KESSLER TOPAZ MELTZER & CHECK, LLP:

If you suffered QCI losses, you may CLICK HERE or copy and paste the following link into your browser: https://www.ktmc.com/new-cases/quantum-computing-inc?utm_source=PR&utm_medium=link&utm_campaign=qubt&mktm=r

You can also contact attorney Jonathan Naji, Esq. by calling (484) 270-1453 or by email at [email protected].

DEFENDANTS' ALLEGED MISCONDUCT:

The complaint alleges that, throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the company's business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) QCI overstated the capabilities of the company's quantum computing technologies, products, and/or services; (2) QCI overstated the scope and nature of its relationship with NASA, as well as the scope and nature of QCI's NASA-related contracts and/or subcontracts; (3) QCI overstated the company's progress in developing a thin film lithium niobate ("TFLN") foundry, the scale of the purported TFLN foundry, and orders for the company's TFLN chips; (4) QCI's business dealings with 2 entities both qualified as related party transactions; (5) accordingly, QCI's revenues relied, at least in part, on undisclosed related party transactions; (6) all the foregoing, once revealed, was likely to have a significant negative impact on QCI's business and reputation; and (7) as a result, Defendants' positive statements about the company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.

THE LEAD PLAINTIFF PROCESS:

QCI investors may, no later than April 28, 2025, seek to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP or other counsel, or may choose to do nothing and remain an absent class member. A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation. The lead plaintiff is usually the investor or small group of investors who have the largest financial interest and who are also adequate and typical of the proposed class of investors. The lead plaintiff selects counsel to represent the lead plaintiff and the class and these attorneys, if approved by the court, are lead or class counsel. Your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff.

Kessler Topaz Meltzer & Check, LLP encourages QCI investors who have suffered significant losses to contact the firm directly to acquire more information.

CLICK HERE TO SIGN UP FOR THE CASE OR GO TO: https://www.ktmc.com/new-cases/quantum-computing-inc?utm_source=PR&utm_medium=link&utm_campaign=qubt&mktm=r

ABOUT KESSLER TOPAZ MELTZER & CHECK, LLP:

Kessler Topaz Meltzer & Check, LLP prosecutes class actions in state and federal courts throughout the country and around the world. The firm has developed a global reputation for excellence and has recovered billions of dollars for victims of fraud and other corporate misconduct. All of our work is driven by a common goal: to protect investors, consumers, employees and others from fraud, abuse, misconduct and negligence by businesses and fiduciaries. The complaint in this action was not filed by Kessler Topaz Meltzer & Check, LLP. For more information about Kessler Topaz Meltzer & Check, LLP please visit www.ktmc.com.

CONTACT:

Kessler Topaz Meltzer & Check, LLP
Jonathan Naji, Esq.
(484) 270-1453
280 King of Prussia Road
Radnor, PA 19087
[email protected]

May be considered attorney advertising in certain jurisdictions. Past results do not guarantee future outcomes.

SOURCE Kessler Topaz Meltzer & Check, LLP

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