#USA #New York #Class Action #QUBT #Quantum Computing Inc.

Investor Alert: Quantum Computing Inc. Class Action Lawsuit

A class action lawsuit has been filed against Quantum Computing Inc. (NASDAQ: QUBT), a company specializing in groundbreaking quantum computing technologies. Investors who believe they have suffered losses as a result of possible securities fraud dating from March 30, 2020, to January 15, 2025, are now being notified by Levi & Korsinsky, LLP. As the lead plaintiff deadline approaches on April 28, 2025, concerned parties should act swiftly to ensure their position.

Background of the Case

The lawsuit targets misleading claims made by Quantum Computing Inc.'s management regarding the company’s operations and relationships with key partners, including NASA. The legal complaint alleges that the defendants misrepresented several critical aspects:

• - Overstated Technologies: Claims surrounding Quantum Computing Inc.'s quantum computing capabilities were purportedly exaggerated.
• - Misleading Partnerships: The nature and scope of its contracts with NASA appear to have been misrepresented, suggesting a far deeper relationship than might truly exist.
• - Fabricated Expansion Claims: The company allegedly inflated its advancements in the production of thin film lithium niobate (TFLN) chips and the scale of its purported production facilities.
• - Related Party Transactions Exposed: The lawsuit brings to light undisclosed transactions with business associates that should have been labeled as related party dealings. This misrepresentation raises serious concerns about the integrity of their revenue stream.

As public statements by the company have proven to be materially false and misleading, the fallout from such revelations could severely impact Quantum Computing Inc.'s business operations and its reputation in the rapidly evolving tech landscape.

How Investors Can Participate

Investors who have experienced losses and wish to be involved in the class action suit should act before the April 28, 2025 deadline. Even if they choose not to serve as lead plaintiffs, investors can still share in any potential recovery from the lawsuit. Notably, participation in the class action carries no out-of-pocket costs or fees for class members, making it a risk-free opportunity to seek compensation.

Interested parties can reach out directly to Joseph E. Levi, Esq. at Levi & Korsinsky via phone at (212) 363-7500 or through email at email protected] for more information on how to proceed. Additionally, there’s an online submission form accessible [here.

Why Choose Levi & Korsinsky?

With over two decades of expertise in securing significant settlements for shareholders, Levi & Korsinsky has developed a formidable track record in high-stakes litigation. Their dedicated team of over 70 professionals ensures that investors receive thorough and effective representation. The firm has consistently ranked highly among securities litigation firms, demonstrating a commitment to investor rights in the face of corporate misconduct.

As the deadline looms, affected investors are urged to take immediate action to protect their rights and ensure they have a seat at the table in this critical litigation against Quantum Computing Inc. This case not only represents an opportunity for potential compensation but also serves as a reminder of the importance of transparency and ethics in the high-tech sector.

Stay informed. Stay protected.