1. A class action notice was issued for QUBT shareholders. 2. Allegations include misleading statements about technology and contracts. 3. Defendants overstated their relationship with NASA and TFLN progress. 4. Related party transactions were undisclosed, affecting revenue reliability. 5. Investors may face significant losses from these allegations.
The allegations of misleading statements can severely damage investor confidence and impact QUBT's stock price negatively. Similar cases in the past have led to significant declines for affected companies, as seen with Enron and Theranos.
The serious nature of the allegations against QUBT implies a high chance of stock impact, considering investor sentiment and market reactions to class action lawsuits.
The immediate legal implications and potential for settlements can cause rapid price fluctuations. Investors may react quickly to news about the progress of the class action.
NEW YORK, April 3, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Quantum Computing Inc. (NASDAQ: QUBT).
Shareholders who purchased shares of QUBT during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.
March 30, 2020 to January 15, 2025
The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that:
April 28, 2025. Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/quantum-computing-inc-loss-submission-form/?id=140397&from=4
Once you register as a shareholder who purchased shares of QUBT during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is April 28, 2025. There is no cost or obligation to you to participate in this case.
The Gross Law Firm is a nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: info@grosslawfirm.com
Phone: (646) 453-8903
SOURCE The Gross Law Firm