INVESTOR ALERT: Class Action Lawsuit Filed on Behalf of Quantum Computing Inc. (QUBT) Investors Holzer & Holzer, LLC Encourages Investors With Significant Losses to Contact the Firm

Globe Newswire 26-Feb-2025 10:46 AM

ATLANTA, Feb. 26, 2025 (GLOBE NEWSWIRE) -- A shareholder class action lawsuit has been filed against Quantum Computing Inc. ("Quantum Computing," "QCI," or the "Company") (NASDAQ:QUBT). The lawsuit alleges that Defendants made materially false and/or misleading statements and/or failed to disclose material adverse facts about QCI's business, operations, and prospects, including allegations 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 Solutions, Inc. and millionways, Inc. both qualified as related party transactions; (v) accordingly, QCI's revenues relied, at least in part, on undisclosed related party transactions; and (vi) all the foregoing, once revealed, was likely to have a significant negative impact on QCI's business and reputation.

If you bought shares of Quantum Computing between March 30, 2020 and January 15, 2025, and you suffered a significant loss on that investment, you are encouraged to discuss your legal rights by contacting Corey D. Holzer, Esq. at?cholzer@holzerlaw.com, by toll-free telephone at (888) 508-6832 or you may visit the firm's website at www.holzerlaw.com/case/quantum-computing/ to learn more.

The deadline to ask the court to be appointed lead plaintiff in the case is April 28, 2025.

Holzer & Holzer, LLC, an ISS top rated securities litigation law firm for 2021, 2022, and 2023, dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. Since its founding in 2000, Holzer & Holzer attorneys have played critical roles in recovering hundreds of millions of dollars for shareholders victimized by fraud and other corporate misconduct.?More information about the firm is available through its website,?www.holzerlaw.com,?and upon request from the firm. Holzer & Holzer, LLC has paid for the dissemination of this promotional communication, and Corey Holzer is the attorney responsible for its content.? 

CONTACT:
Corey Holzer, Esq.
(888) 508-6832 (toll-free)
cholzer@holzerlaw.com