#United States #DJS Law Group #Eastchester #Quantum Corporation #QMCO

Class Action Lawsuit Filed Against Quantum Corporation

A significant class action lawsuit has been initiated against Quantum Corporation, a public company listed as QMCO on NASDAQ. Investors who acquired shares of Quantum during the specified class period, which spans from November 15, 2024, to August 18, 2025, are encouraged to seek assistance from the DJS Law Group. The firm is advising shareholders to take action concerning alleged violations of the Securities Exchange Act of 1934, specifically under Sections 10(b) and 20(a), supported by Rule 10b-5 as established by the U.S. Securities and Exchange Commission (SEC).

Background of the Case

This lawsuit stems from serious allegations against Quantum Corporation involving the dissemination of misleading statements to the investing public. The complaint details that Quantum Corporation was compelled to restate its prior financial reports due to improper revenue recognition practices. As a result, this mismanagement led to public statements that were deemed not only misleading but also materially untrue throughout the identified class period.

Shareholders who experienced financial losses as a consequence of this situation are strongly encouraged to reach out to the DJS Law Group. Notably, being appointed as a lead plaintiff is not a prerequisite for recovering any losses.

Important Deadlines and Procedures

The deadline for shareholders wishing to join the lawsuit is set for November 3, 2025. Once registered, investors will gain access to an advanced portfolio monitoring tool designed to keep them updated on the progression of the case. Importantly, participating in this lawsuit carries no financial obligations for investors, ensuring that they can pursue their rights without incurring costs.

Why Choose DJS Law Group?

The DJS Law Group is recognized for its commitment to maximizing investor returns through a combination of thoughtful guidance and vigorous legal representation. The firm has carved out a niche for itself, specializing in securities class actions and corporate governance litigation. With a clientele that includes some of the world’s largest hedge funds and asset managers, the firm understands the importance of safeguarding valuable litigation claims with utmost respect and diligence.

Investors are thus invited to join the lawsuit to recover any financial damage sustained as a result of the alleged malpractices by Quantum Corporation.

Contact Information

Interested parties are encouraged to contact:
David J. Schwartz
DJS Law Group
274 White Plains Road, Suite 1
Eastchester, NY 10709
Phone: 914-206-9742
Email: [email protected]

It's essential for affected shareholders to take prompt action to assert their rights in this evolving situation. The DJS Law Group stands ready to provide necessary support and guidance throughout the litigation process.

Conclusion

This legal matter highlights the importance of corporate transparency and accountability within the securities market. Investors who feel disadvantaged by Quantum Corporation's actions are presented with an opportunity to seek justice and potentially recover lost funds through this collective legal effort.