Investors Seek Recovery Through Class Action Against Quantum Computing Inc.

Overview of the Class Action Lawsuit

On April 22, 2025, Levi & Korsinsky, LLP announced a class action lawsuit on behalf of investors of Quantum Computing Inc. (NASDAQ: QUBT). This legal action is aimed at holding the company accountable for alleged securities fraud that may have adversely impacted shareholders during a specific period.

Background

The lawsuit details serious allegations against Quantum Computing Inc. It claims that from March 30, 2020 to January 15, 2025, the company made misleading statements regarding its quantum computing technology and its business dealings, particularly with NASA and other entities. Investors who believe they suffered financial losses due to these alleged misrepresentations are encouraged to join the class action suit.

Key Allegations

The complaint highlights several main points:
1. Overstated Technological Capabilities: The defendants allegedly exaggerated the capabilities of the quantum technologies offered by QCI.
2. Misrepresentation of Relationships: There are claims that the extent of the company's relationship with NASA and related contracts were overstated, leading to a deceptive picture of its operations.
3. Inflated Business Progress: The lawsuit asserts that QCI overstated its achievements in developing significant technologies, notably a thin film lithium niobate foundry.
4. Undisclosed Related-Party Transactions: It is alleged that QCI’s revenues were partially based on undisclosed transactions with related parties, which could have significant implications for the company’s financial standing.
5. Impact on Reputation and Business: As these facts came to light, they are expected to negatively affect the company's business and its reputation.
6. False Statements: The public statements made by the company were materially false and misleading, leading to investor losses.

How to Participate

Investors who believe they have been affected by the alleged fraud have until April 28, 2025, to request the court to appoint them as lead plaintiffs in the case. It’s important to note that participation in the lawsuit does not require filing as a lead plaintiff for investors to be eligible for recovery. There are no fees, and class members could receive compensation without out-of-pocket costs.

Legal Representation

Levi & Korsinsky LLP, with two decades of experience in securities litigation and a proven track record of securing financial recoveries for shareholders, is representing the class of investors. They have been recognized as a leading firm in this area and have helped many investors navigate complex legal situations. Investors can reach out directly to Joseph E. Levi, Esq. via email or telephone to discuss their participation in the class action.

Conclusion

For investors who have experienced losses related to Quantum Computing Inc., this class action lawsuit represents an opportunity for potential recovery. By joining the lawsuit, affected parties can collectively seek justice and hold the company accountable for its alleged actions.

For further details, interested investors can visit the firm’s website or contact the attorneys directly.