Quantum Corporation Investors Urged to Join the Class Action Lawsuit Against Securities Fraud
Overview of the Lawsuit Against Quantum Corporation
Background
On October 13, 2025, the Schall Law Firm, a prominent national firm specializing in shareholder rights litigation, announced a class action lawsuit against Quantum Corporation, noted by the ticker symbol QMCO on NASDAQ. This legal action arises from significant concerns about the company's compliance with securities regulations, specifically violations of §10(b) and §20(a) of the Securities Exchange Act of 1934 along with the SEC's Rule 10b-5.
Key Allegations
The lawsuit targets investors who acquired Quantum Corporation's securities from November 15, 2024, to August 18, 2025, designated as the