Investors Invited to Join Quantum Computing Class Action Before Deadline

Important Notice for Quantum Computing Investors

The Schall Law Firm, a prominent national firm specializing in shareholder rights litigation, has issued a significant reminder for investors in Quantum Computing Inc. (NASDAQ: QUBT). As part of their commitment to defending investors, they are urging shareholders who purchased securities between March 30, 2020, and January 15, 2025, to consider joining a class action lawsuit. The deadline for taking action is April 28, 2025.

Background of the Lawsuit

The lawsuit raises serious allegations regarding Quantum Computing Inc.'s compliance with the U.S. Securities Exchange Act of 1934. It centers around violations of sections 10(b) and 20(a), along with Rule 10b-5 which has been adopted by the U.S. Securities and Exchange Commission (SEC). According to the complaint, Quantum Computing made several misleading statements regarding its capabilities, relationships, and financial dealings, which may have significantly misled investors.

Misleading Statements

The crux of the allegations is that Quantum Computing overstated the effectiveness of its products and technologies, and has exaggerated the nature of its collaborations with esteemed organizations, such as NASA. Claims regarding the company's progress in developing a thin film lithium niobate (TFLN) foundry were also found to be overstated, along with its reported orders for TFLN products. Additionally, it has been suggested that some of the company’s revenue was derived from undisclosed related party transactions, raising further concerns about transparency and ethical practices in their financial statements.

Implications for Investors

Investors who suffered losses during the defined class period are encouraged to reach out to the Schall Law Firm for assistance. Brian Schall, the firm’s founder, emphasizes the importance of taking prompt action to protect investment rights. The firm offers free consultations and can provide guidance on how to participate in the class action lawsuit.

How to Participate

If you are a shareholder who believes that you have been negatively impacted by these developments, consider contacting the Schall Law Firm. They can provide you with further information on your rights and the steps required for joining the case. For inquiries, you can contact Brian Schall directly at 310-301-3335 or visit their official website at www.schallfirm.com.

A Call to Action

This is a time-critical situation for those affected by the misstatements made by Quantum Computing. Joining the class action is crucial for shareholders wishing to recover their financial losses as the case has not yet been certified, and absent class members will not be represented. By taking action now, investors can join together to hold the company accountable.

Conclusion

In conclusion, the Schall Law Firm stands ready to assist investors in their pursuit of justice against Quantum Computing Inc. This case serves as a reminder of the importance of corporate accountability and the rights of shareholders in safeguarding their investments. Make sure to act by the April 28 deadline to avoid missing this opportunity for recourse.