Levi & Korsinsky Alerts Investors to Upcoming Class Action Against Quantum Computing Inc. and Important Deadlines

Levi & Korsinsky Alerts Quantum Computing Inc. Investors

Levi & Korsinsky, LLP has recently issued a notification to the shareholders of Quantum Computing Inc. (Ticker: QUBT) regarding a class action lawsuit that could have significant implications for investors. The lawsuit is centered on allegations of securities fraud, specifically claiming that the company's representatives made false statements and omitted pertinent information that misled investors between March 30, 2020, and January 15, 2025.

Understanding the Class Action

The crux of the complaint revolves around several key points:
1. Overstated Capabilities: Allegations suggest that QCI exaggerated the capabilities of its quantum computing technologies.
2. Misrepresented Partnerships: The nature and scope of QCI's relationship with NASA, including contracts, are said to have been misrepresented.
3. False Progress Claims: Claims were made regarding the development and orders related to QCI's thin film lithium niobate (TFLN) foundry that were allegedly overstated.

These claims suggest that the company may not have fully disclosed related-party transactions impacting its revenues. As a result, the impact on QCI's reputation and business performance could be severe once these allegations are fully revealed, indicating that previous statements from the company were materially misleading.

What Should Investors Do?

For those investors affected by these alleged misrepresentations, Levi & Korsinsky has set a deadline for filing claims. Investors who suffered a loss during the specified period have until April 28, 2025, to request that the court appoint them as lead plaintiffs in this case. This participation does not require any financial outlay, as there are no costs associated with joining the lawsuit for class members.

The law firm emphasizes that even if you do not serve as a lead plaintiff, you still may be able to share in any recovery attained from this lawsuit. Notably, the firm has a reputation for successfully representing investors in complex securities litigation, having secured hundreds of millions in settlements over the past two decades.

About Levi & Korsinsky

Levi & Korsinsky, LLP, known for its extensive expertise in securities litigation, is recognized as one of the leading firms in this field. With a dedicated team comprising over 70 professionals, they have consistently been listed among the top securities litigation firms in the United States. The firm’s approach aims to protect the rights of investors, ensuring they are compensated for losses incurred due to corporate misconduct.

If you are a shareholder of Quantum Computing Inc. and wish to discuss your potential involvement in the lawsuit, you can reach out to Joseph E. Levi, Esq. at (212) 363-7500 or via email. More details can be found on their official website: zlk.com.

Conclusion

As the deadline approaches, it is crucial for investors who have been negatively impacted by Quantum Computing Inc’s actions to stay informed of their rights and potential recovery avenues. Participating in this class action could provide them with a chance for compensation without facing any financial risk, highlighting the importance of legal representation in the realm of securities fraud.