#United States #Los Angeles #DJS Law Group #Quantum Corporation #QMCO

Overview of the Class Action Against Quantum Corporation

On October 2, 2025, the DJS Law Group proclaimed that Quantum Corporation (NASDAQ: QMCO) is facing a class action lawsuit for alleged violations of the Securities Exchange Act of 1934. This legal action is a significant development for investors who purchased shares of QMCO between November 15, 2024, and August 18, 2025.

Background of the Case

According to the complaint, Quantum Corporation has been accused of delivering false and misleading information to the market. This misconduct relates to how the company recognized revenue, which led to a necessary restatement of prior financial statements. The implications of these inaccuracies mean that the company's public statements were misleading during the class period, potentially harming shareholders who relied upon that information when making investment decisions.

Class Period Details

The defined class period for this lawsuit is from November 15, 2024, to August 18, 2025. Shareholders who acquired shares within this timeframe are urged to connect with the DJS Law Group to explore their legal options. Importantly, being appointed as a lead plaintiff is not a prerequisite for participating in any recoveries resulting from the litigation.

Shareholders' Rights and Next Steps

An essential aspect for any shareholders affected by Quantum's alleged misrepresentation is the approaching deadline for action, which is set for November 3, 2025. To ensure that they are updated on the progress of their case, investors will be provided with portfolio monitoring software upon registration with the DJS Law Group. This device will keep them informed about the case's status without any fees or obligations.

Why Choose DJS Law Group?

The DJS Law Group has positioned itself as a leading authority in securities class actions, focusing on maximizing investor returns through comprehensive counsel and proactive advocacy. Their clientele includes some of the world’s most significant hedge funds and alternative asset managers, demonstrating their capability in handling complex legal matters effectively. The firm emphasizes the importance of treating their clients’ litigation claims with the utmost respect and diligence, ensuring that every aspect of the case is thoroughly addressed.

Key Takeaways

Investors should closely monitor developments regarding this lawsuit. For those who suffered losses due to Quantum Corporation's actions, joining this litigation may be a viable method to recover financial losses. Interested parties should reach out to DJS Law Group for a consultation and begin the process of seeking justice through this class action lawsuit.

Contact Information

For further inquiries or to register as a shareholder involved in the lawsuit, investors can contact:

David J. Schwartz
DJS Law Group
274 White Plains Road, Suite 1
Eastchester, NY 10709
Phone: 914-206-9742
Email: [email protected]

Staying informed and taking proactive steps is crucial for shareholders navigating this challenging situation with Quantum Corporation. Take action now to protect your rights and potential recoveries.