#USA #New York #Levi & Korsinsky #QUBT #Quantum Computing Inc

Legal Notice to Quantum Computing Inc. Investors

Levi & Korsinsky, LLP, a renowned law firm specializing in securities litigation, has issued an important alert for investors in Quantum Computing Inc. (NASDAQ: QUBT). The firm is reminding shareholders of a crucial deadline related to a class action lawsuit designed to recover losses incurred due to alleged securities fraud. This action focuses on investors who faced adverse effects between March 30, 2020, and January 15, 2025.

Background of the Class Action

The class action lawsuit aims to address significant issues regarding misleading statements and omissions made by Quantum Computing Inc. The allegations include the overstating of the company’s quantum computing technologies, its relationship with NASA, and its development of specific technologies crucial to the industry. The legal complaint outlines numerous points that suggest the defendants deliberately misled investors, creating an inflated perception of the company’s market standing and technological capabilities.

Key Allegations Include:

1. Overstated Technological Capabilities: Defendants allegedly exaggerated the capabilities of Quantum Computing Inc.'s technologies and products.
2. Misrepresentation of NASA Relationship: The scope and nature of QCI's relationship with NASA were reportedly overstated.
3. False Progress Reports: Claims regarding the development of a thin film lithium niobate (TFLN) foundry and its operational scale were misleading.
4. Related Party Transactions: Business dealings with specific companies were indicated as undisclosed related party transactions, which could compromise the integrity of reported revenues.
5. Impact on Business Reputation: The lawsuit argues that revelations of such falsifications are likely to severely damage Quantum Computing Inc.'s reputation and business operations.

Next Steps for Investors

If you have suffered financial losses during the designated period, it is critical to act promptly. Shareholder's rights will be preserved if a request to be appointed as a lead plaintiff is submitted by April 28, 2025. Notably, participation as a class member does not necessitate serving in this role, meaning affected investors can still benefit from potential compensation without incurring upfront legal fees.

No Financial Risk to Participants

Participating in this class action lawsuit comes at no cost to shareholders. Investors may recover compensation without any additional fees, and no financial obligation is necessary to join the case. The process of getting involved is also made simple through direct communication with Levi & Korsinsky, who have a solid track record of successfully securing settlements for their clients.

Why Choose Levi & Korsinsky?

With over 20 years of experience in representing investors in complex securities matters, Levi & Korsinsky has established a benchmark of success in the legal arena. The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years, which underscores its effectiveness in handling high-stakes litigation. Their dedicated team, composed of over 70 legal professionals, is well-equipped to provide the necessary support to aggrieved shareholders.

Contact Information

For affected investors looking to join the lawsuit or require more detailed information, they can reach out directly via email at [email protected] or by calling (212) 363-7500. The firm is located at 33 Whitehall Street, 17th Floor, New York, NY 10004.

As the April 28 deadline approaches, it is essential for shareholders of Quantum Computing Inc. to keep informed and act quickly to safeguard their rights and potential recovery.

Stay tuned for further updates regarding this case and potential outcomes as the legal proceedings progress.