#USA #New York #Inc. #Quantum Computing #Nasdaq QUBT #Moore Law

Moore Law's Investigation into Quantum Computing, Inc.

Moore Law, PLLC, a prominent law firm located on Wall Street in New York City, has commenced an investigation concerning potential claims that may be brought against Quantum Computing, Inc. (NASDAQ: QUBT) on behalf of its shareholders. This inquiry, which focuses on investors who acquired shares prior to March 30, 2020, aims to assess whether any legal recourse is available due to significant allegations about the company's operations.

Quantum Computing, Inc. has made a name for itself by purporting to harness non-linear quantum optics in providing advanced computing products. However, recent scrutiny has revealed inconsistencies in its business practices, raising serious concerns among investors and industry observers alike.

Allegations Against Quantum Computing, Inc.

On November 27, 2024, Iceberg Research released a report alleging that the claims made by Quantum Computing regarding its TFLN (Thin Film Lithium Niobate) foundry may not be truthful. This report accused the company of fabricating press releases about orders for its TFLN chips, which Iceberg asserts were based on communications with an academic who had placed orders for the chips themselves. Furthermore, visual evidence was presented suggesting that the address of the alleged foundry was merely the site of an office building, not an operational manufacturing facility.

In a separate investigation on January 16, 2025, Capybara Research further alleged that Quantum Computing exaggerated its affiliations with NASA and misrepresented its revenue generation methods. The report posited that the company may have engaged in related-party transactions to inflate its earnings and that it mischaracterized a small research and development lab as a full-fledged manufacturing operation.

These alarming claims have had noticeable repercussions, leading to a dramatic decline in the stock price of Quantum Computing, which fell by $1.72 (equivalent to 14.89%) within just two trading sessions following the damaging disclosures. Notably, the stock has plummeted approximately 68% year to date, raising further red flags.

Moore Law's Commitment to Investors

Moore Law, known for its dedication to holding corporate offenders accountable, emphasizes its commitment to investors affected by potential fraud, insider trading, or breaches of fiduciary duty. The firm operates on a contingency basis, meaning that there are no upfront costs for clients seeking to pursue legal actions. Instead, they are compensated through a percentage of any settlements or damages awarded.

The firm prides itself on being available around the clock, ensuring prompt responses to client inquiries, and providing regular updates on the progress of their cases. By focusing on cases like that of Quantum Computing, Moore Law seeks to protect the rights and interests of shareholders in the face of corporate misconduct.

Both current and former shareholders of Quantum Computing, Inc. are encouraged to contact Moore Law for a confidential consultation regarding their holdings and any potential claims they may pursue. Moore Law's representation not only allows investors a voice against corporate deception but also aids in the restoration of their investments' value.

For additional inquiries or assistance, shareholders can reach out to Moore Law at:

Moore Law, PLLC
30 Wall Street, 8th Floor
New York, NY 10005
(212) 709-8245
email: info@fmoorelaw.com
Website: www.fmoorelaw.com

Moore Law stands ready to defend the rights of investors and navigate the legal complexities that can arise from corporate challenges, ensuring every shareholder's voice is heard and respected.