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Class Action Filed Against Quantum Computing Inc. (QUBT)

On March 30, 2025, the law firm Kessler Topaz Meltzer & Check, LLP announced the initiation of a securities class action lawsuit against Quantum Computing Inc. (QCI), identified by its stock ticker QUBT. This lawsuit takes place on behalf of investors who acquired QCI securities from March 30, 2020, to January 15, 2025, a period defined as the Class Period. The deadline for potential lead plaintiffs to come forward is set for April 28, 2025.

Allegations of Fraud

The lawsuit stipulates serious allegations against Quantum Computing Inc., asserting that the company made significantly misleading statements and failed to disclose crucial adverse information regarding its business operations and future. Key claims include:

1. Overstated Technology Capabilities: The complaint alleges QCI exaggerated the effectiveness of its quantum computing technologies, leading investors to have an inflated view of its potential.
2. Misrepresented Relationships: The firm purportedly exaggerated the extent and implications of its associations with NASA, including the details pertaining to contracts related to the space agency.
3. Untruthful Developments: QCI allegedly overstated its progress in constructing a thin film lithium niobate foundry, alongside the size and scope of this venture, misleading investors about its technological advancements.
4. Related Party Transactions: Furthermore, the lawsuit indicates that QCI was involved in undisclosed related party transactions that were significant to its revenue generation and company reputation.
5. Overall Impact on Business: Should the allegations be proven, there could be severe adverse implications for QCI, potentially damaging the company's reputation and its business sustainability.

Legal Process for Investors

Investors who sustained losses due to QCI’s purported malpractice have the opportunity to become lead plaintiffs by filing with Kessler Topaz Meltzer & Check, LLP or another law firm, before the specified deadline. The position of a lead plaintiff is critical as this individual or group will guide the litigation process on behalf of all affected investors.

Important Dates

• - Class Period: March 30, 2020 - January 15, 2025
• - Lead Plaintiff Deadline: April 28, 2025

The role of the lead plaintiff is to work in collaboration with attorneys who will represent the interests of the class in court. This critical position typically goes to the investor or investors who represent the largest financial impact from the alleged fraud, effectively guiding the direction of the case.

How to Take Action

Affected investors are encouraged to reach out to Kessler Topaz Meltzer & Check, LLP for more precise information regarding their cases. The law firm has laid out resources for those interested in filing claims or seeking representation as a lead plaintiff. They can be contacted through their official website or by directly phoning attorney Jonathan Naji, Esq.

About Kessler Topaz Meltzer & Check, LLP

The law firm has established itself as a prominent entity in prosecuting class actions across federal and state courts in the US and globally. They have garnered a strong reputation for advocating for victims of corporate misconduct and fraud, recovering billions for their clients. Their commitment is to uphold justice, ensuring investors, consumers, and employees are shielded from unethical business practices.

For further information or to be part of the ongoing case against Quantum Computing Inc., visit www.ktmc.com.

With rising accountability in the corporate sector, such securities class actions mark a pivotal moment for investors in scrutinizing business operations and holding companies responsible for their statements.