QUBT Investors Have Opportunity to Lead Quantum Computing Inc. Securities Fraud Lawsuit with the Schall Law Firm

Business Wire 26-Feb-2025 3:01 PM

The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Quantum Computing Inc. ("Quantum Computing" or "the Company") (NASDAQ: QUBT) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

Investors who purchased the Company's securities between March 30, 2020 and January 15, 2025, inclusive (the "Class Period"), are encouraged to contact the firm before April 28, 2025.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at bschall@schallfirm.com.

The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

According to the Complaint, the Company made false and misleading statements to the market. Quantum Computing overstated the capabilities of its technologies and products. The Company overstated the extent of its relationship with NASA and the scope of its contracts with the agency. The Company exaggerated its progress in developing a thin film lithium niobate ("TFLN") foundry and the orders for TFLN products. The Company's deals with multiple companies qualified as related party transactions. The Company's revenue relied in part on these undisclosed related party transactions. Based on these facts, the Company's public statements were false and materially misleading throughout the class period. When the market learned the truth about Quantum Computing, investors suffered damages.

Join the case to recover your losses.

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

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The Schall Law Firm Brian Schall, Esq. www.schallfirm.com Office: 310-301-3335 info@schallfirm.com