#USA #New York #Quantum Computing #Securities Fraud #Rosen Law Firm

Investors of Quantum Computing Inc. Urged to Join Securities Fraud Class Action Lawsuit

QUBT Investors: Join the Class Action Lawsuit Against Quantum Computing Inc.

In a significant move for investors of Quantum Computing Inc. (NASDAQ: QUBT), the Rosen Law Firm is reminding those who purchased securities between March 30, 2020, and January 15, 2025, about an essential upcoming deadline—the opportunity to serve as a lead plaintiff in a class action lawsuit. This legal action was prompted by alleged securities fraud that impacted many investors.

The Importance of Acting Now

Within the timeframe mentioned, any individual who bought shares of Quantum Computing Inc. could potentially be entitled to compensation, all without any out-of-pocket expenses, thanks to a contingency fee arrangement. This case opens the door for investors to reclaim losses incurred as a result of misleading statements made by the defendants.

The lead plaintiff represents the collective interests of other class members in directing the litigation process. However, anyone interested in stepping into this role must file a motion with the court by April 28, 2025—after which the class must be officially certified. Up until that point, investors have the option to either select counsel of their choice, remain absent, or do nothing.

Allegations of Misconduct

According to the details of the lawsuit, the defendants, including key figures within Quantum Computing Inc., allegedly made numerous false and misleading statements about the company's operations and relationships.
1. Overstated Capabilities: The lawsuit accuses the company of inflating the true capabilities of its quantum computing technologies and products.
2. Misrepresented NASA Relationship: There were claims that Quantum Computing overstated its relationship and contracts with the National Aeronautics and Space Administration (NASA).
3. Manufacturing Misstatements: Assertions regarding the development of a thin film lithium niobate (TFLN) foundry and relevant orders were allegedly exaggerated.
4. Undisclosed Related Party Transactions: Similarly, the complaint mentions undisclosed related party transactions that skewed Quantum Computing's revenue.

When these misleading claims were ultimately revealed, they likely had a substantial negative impact on the company’s reputation and business operations, leading to losses for investors.

What Should Investors Do?

To join the ongoing class action, investors can visit Rosen Law Firm's Class Action Information Page or contact Phillip Kim, Esq., toll-free at 866-767-3653. Investors are encouraged to act quickly, as being part of this class could lead to compensation.

Rosen Law Firm offers a solid reputation, focusing extensively on securities class actions and shareholder derivative litigation. The firm's success includes record-setting settlements, alongside numerous awards and recognitions over the years. This should provide investors with confidence in their potential recovery.

Final Thoughts

The opportunity for Quantum Computing Inc. investors to take decisive legal action is nearing its deadline. Those affected should not miss their chance to join the class action lawsuit, which emphasizes the right of shareholders to seek justice against potentially deceptive practices. For ongoing updates, follow Rosen Law Firm on platforms like LinkedIn, Twitter, and Facebook.

In times where transparency and honesty in financial markets are critical, engagement in such actions can pave the way forward for investors looking to reclaim their losses.

Contact the Rosen Law Firm

Should any investor require more information or wish to understand their options further, please reach out through their New York office:
- Laurence Rosen, Esq.
- Phillip Kim, Esq.
- 275 Madison Avenue, 40th Floor, New York, NY 10016
- Tel: (212) 686-1060
- Toll-Free: (866) 767-3653