Deadline Approaching for Class Action Against Quantum Computing Inc. by Levi & Korsinsky
Class Action Lawsuit Notice for Quantum Computing Inc.
Levi & Korsinsky, LLP has announced a significant opportunity for investors in Quantum Computing Inc. (NASDAQ: QUBT) as the deadline for a class action lawsuit approaches. If you are an investor adversely affected between March 30, 2020, and January 15, 2025, by alleged securities fraud, it is crucial to act before April 28, 2025.
Key Details of the Case
The lawsuit aims to recover losses for shareholders who may have suffered due to misleading or false statements by the company. The allegations specifically highlight a series of claims against Quantum Computing Inc., suggesting that the company overstated its technological capabilities, particularly in quantum computing. Key points from the allegations include:
1. Overstated Capabilities: Investors were led to believe that the company had advanced quantum computing technologies and services that were not as developed as claimed.
2. Misrepresentation of Contracts: The nature and scope of Quantum Computing’s projects with NASA have been misrepresented, affecting investor trust and expectations.
3. Issues with Manufacturing: Claims regarding the company’s progress with their thin film lithium niobate (TFLN) foundry and chip orders have been deemed exaggerated.
4. Related Party Transactions: The lawsuit points out undisclosed related party transactions that could adversely affect the company’s reported revenue.
5. Impact on Reputation: The misleading statements are argued to have had a substantial negative impact on Quantum Computing’s business reputation and financial standing once the truth was unveiled.
What’s Next for Investors?
If you believe you hold securities in Quantum Computing Inc. and are looking to potentially recover your losses, you must act quickly. The final date to apply for a lead plaintiff position in this case is April 28, 2025. Being a lead plaintiff may provide you with the chance to lead the case, but it does not affect your eligibility for potential compensation. All investors, regardless of whether they serve as lead plaintiffs, can still share in any recoveries made.
No Costs to Participate
One of the most compelling aspects of this class action is that if you qualify as a class member, you may be entitled to monetary compensation without any out-of-pocket expenses or fees. There’s no financial obligation necessary to participate in the process.
Why Choose Levi & Korsinsky?
Levi & Korsinsky holds a robust reputation in the legal landscape through years of experience in handling cases of this nature. Over the past two decades, they have successfully recouped hundreds of millions of dollars for investors. The firm is comprised of a dedicated team of over 70 professionals well-versed in securities litigation—ensuring a strong advocacy for shareholders.
Ranking consistently in the ISS Securities Class Action Services' Top 50 Report for seven consecutive years, Levi & Korsinsky has showcased their expertise in high-stakes legal endeavors within the realm of securities. This case against Quantum Computing Inc. is just another step in their commitment to defending investor rights.
Contact Information
To discuss your potential claims or for further inquiries, investors can reach out via:
- - Email: joseph@zlk.com
- - Phone: (212) 363-7500
Levi & Korsinsky, LLP
33 Whitehall Street, 17th Floor
New York, NY 10004
Investors are encouraged to move swiftly to ensure their rights. The deadline is nearing but opportunities for justice and financial recovery remain available.
Topics Financial Services & Investing）
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