Quantum Corporation and the Investor Opportunity
Investors who purchased securities of Quantum Corporation (NASDAQ: QMCO) during the period from November 15, 2024, to August 18, 2025, are being reminded of a significant opportunity to take action against alleged securities fraud. The Rosen Law Firm, a respected global advocate for investor rights, has filed a class action lawsuit on behalf of affected purchasers. Here’s what you need to know.
Important Information and Dates
The law firm has set a deadline for interested investors to step forward and potentially become lead plaintiffs in the lawsuit. The deadline to file your motion to participate is on
November 3, 2025. If you believe you qualify, that’s your window to take action. By participating, you could receive compensation without any out-of-pocket costs due to a contingency fee arrangement. This model means that legal fees are only collected if the lawsuit is successful.
Understanding the Lawsuit
The class action stems from allegations that Quantum Corporation made misleading statements and failed to disclose critical information regarding its financial practices. Specifically, the lawsuit states that:
1. Quantum improperly recognized revenue for the fiscal year ending March 31, 2025.
2. The company would need to restate its financial statements for the fiscal third quarter ended December 31, 2024.
3. Due to these misstatements, all prior assertions about Quantum's health, operations, and future were misleading, which may have caused investor losses when the truth emerged.
With these revelations, former investors could claim that they suffered financial damages based on these misleading practices.
Joining the Class Action
Interested parties can join the class action by visiting
Rosen Law Firm’s submission page or contacting the firm directly at 866-767-3653. The Rosen Law Firm encourages investors to be diligent in selecting qualified legal counsel. Many firms that might contact potential plaintiffs to lead them to join class actions do not have the necessary experience or resources to effectively represent clients in securities litigation. The Rosen Law Firm's established record of success in this area—having achieved a significant number of settlements and recognition in securities law—positions them as a solid choice for representation.
Notable Achievements of Rosen Law Firm
Rosen Law Firm has long been a leader in securities litigation, ranking as the top firm for securities class action settlements in recent years. The firm recovered over $438 million for their investors in a single year (2019) and has received multiple accolades, including recognition from Law360 and Lawdragon. Their focus is exclusively on protecting investor interests in both class action lawsuits and shareholder derivative actions.
Final Considerations for Investors
Before joining the lawsuit, it’s important to understand that as of now, no class has been certified. Until such a class is certified, investors are not automatically represented unless they decide to retain legal counsel. If you prefer to take no action at this stage, you still maintain your eligibility to partake in any future recovery that may result from the lawsuit.
Stay updated with the Rosen Law Firm through their social media pages on
LinkedIn or
Twitter for further developments in this case. Remember, prior results do not guarantee a similar outcome, so make informed decisions regarding your participation.
For claims, questions, and any further engagement on this class action lawsuit concerning Quantum Corporation, don’t hesitate to reach out to the Rosen Law Firm for professional guidance and assistance.