NEW
YORK, March 3, 2025 /PRNewswire/ -- The
Gross Law Firm issues the following notice to shareholders of
Quantum Computing Inc. (NASDAQ: QUBT).
Shareholders who purchased shares of QUBT during the class
period listed are encouraged to contact the firm regarding possible
lead plaintiff appointment. Appointment as lead plaintiff is not
required to partake in any recovery.
CONTACT US HERE:
https://securitiesclasslaw.com/securities/quantum-computing-inc-loss-submission-form/?id=132983&from=4
CLASS PERIOD: March 30,
2020 to January 15, 2025
ALLEGATIONS: The complaint alleges that
during the class period, Defendants issued materially false and/or
misleading statements and/or failed to disclose that: (i)
defendants overstated the capabilities of QCI's quantum computing
technologies, products, and/or services; (ii) defendants overstated
the scope and nature of QCI's relationship with NASA, as well as
the scope and nature of QCI's NASA-related contracts and/or
subcontracts; (iii) defendants overstated QCI's progress in
developing a thin film lithium niobate, TFLN foundry, the scale of
the purported TFLN foundry, and orders for the Company's TFLN
chips; (iv) QCI's business dealings with Quad M and millionways
both qualified as related party transactions; (v) accordingly,
QCI's revenues relied, at least in part, on undisclosed related
party transactions; (vi) all the foregoing, once revealed, was
likely to have a significant negative impact on QCI's business and
reputation; and (vii) as a result, defendants' public statements
were materially false and misleading at all relevant times.
DEADLINE: April 28, 2025
Shareholders should not delay in registering for this class action.
Register your information here:
https://securitiesclasslaw.com/securities/quantum-computing-inc-loss-submission-form/?id=132983&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a
shareholder who purchased shares of QUBT during the timeframe
listed above, you will be enrolled in a portfolio monitoring
software to provide you with status updates throughout the
lifecycle of the case. The deadline to seek to be a lead plaintiff
is April 28, 2025. There is no cost
or obligation to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is a nationally
recognized class action law firm, and our mission is to protect the
rights of all investors who have suffered as a result of deceit,
fraud, and illegal business practices. The Gross Law
Firm is committed to ensuring that companies adhere to responsible
business practices and engage in good corporate citizenship. The
firm seeks recovery on behalf of investors who incurred losses when
false and/or misleading statements or the omission of material
information by a company lead to artificial inflation of the
company's stock. Attorney advertising. Prior results do not
guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
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SOURCE The Gross Law Firm
