#USA #Class Action #Los Angeles #SEC #Quantum Corporation

Quantum Corporation Securities Fraud Class Action

The Schall Law Firm, a prominent legal firm focusing on shareholder rights, has initiated a class action lawsuit against Quantum Corporation (NASDAQ: QMCO) related to allegations of securities fraud. This legal action targets violations of §10(b) and §20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 enforced by the U.S. Securities and Exchange Commission. Investors who acquired Quantum's securities during the class period from November 15, 2024, to August 18, 2025, are encouraged to reach out to the firm before the deadline of November 3, 2025.

The lawsuit arises from claims that Quantum Corporation made misleading statements regarding its financial condition, specifically concerning its revenue recognition practices. Notably, the company allegedly recognized revenue improperly for the fiscal year ending on March 31, 2025, leading to the restatement of previous financial statements. As a result, these misrepresentations caused significant financial damages to investors once the inaccuracies were disclosed to the market.

The Schall Law Firm is keen on representing affected investors and emphasizes that joining the lawsuit could be an opportunity for shareholders to recover their losses. Individuals who sustained financial losses due to their investment in Quantum are advised to connect with Brian Schall from the firm for a complimentary consultation about their rights. The firm made clear that until the class has been officially certified, individuals are not yet represented by an attorney in this matter and can choose to remain as absent class members if they do not act.

Investors seeking to participate can do so by filling out a form available on the Schall Law Firm website or contacting the firm's offices directly at their Los Angeles location. The legal team at Schall is well-versed in navigating the complexities of securities law and is dedicated to advocating for shareholders who have experienced alleged fraud.

The Schall Law Firm has built a reputation for its commitment to protecting the rights of investors worldwide, and it encourages all affected parties to come forward. This lawsuit not only aims to address the grievances of individual shareholders but also highlights the importance of corporate accountability and transparency in financial reporting.

For further details about the lawsuit and how to file a claim, investors should visit the Schall Law Firm's official website or contact them directly.

As a reminder, this information may be considered Attorney Advertising in certain jurisdictions, depending on applicable law and ethical guidelines.

Contact Information

Brian Schall, Esq.
The Schall Law Firm
2049 Century Park East, Suite 2460
Los Angeles, CA 90067
Phone: 310-301-3335
Email: [email protected]
Website: www.schallfirm.com