{"id":39475,"date":"2025-04-21T22:41:10","date_gmt":"2025-04-21T22:41:10","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/39475\/"},"modified":"2025-04-21T22:41:10","modified_gmt":"2025-04-21T22:41:10","slug":"quantum-computing-inc-investors-please-contact-the","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/39475\/","title":{"rendered":"Quantum Computing Inc. Investors: Please contact the"},"content":{"rendered":"

Investors can contact<\/a> the law firm at no cost to learn more about recovering their losses<\/p>\n

LOS ANGELES, April 21, 2025 (GLOBE NEWSWIRE) — The Portnoy Law Firm<\/a> advises Quantum Computing Inc.<\/strong> (“Quantum Computing” or the “Company”) (NASDAQ: QUBT) investors of a class action representing investors that bought securities between\u00a0March 30, 2020 and January 15, 2025<\/strong>, inclusive (the “Class Period”). Quantum Computing Inc. investors have until\u00a0April 28, 2025<\/strong> to file a lead plaintiff motion.<\/strong><\/p>\n

Investors are encouraged to contact attorney Lesley F. Portnoy<\/a>,\u00a0by phone 310-692-8883 or email<\/a>: lesley@portnoylaw.com, to discuss their legal rights, or click here<\/a> to join the case. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors\u2019 options for pursuing claims to recover their losses.<\/p>\n

The Quantum Computing class action lawsuit alleges that, during the Class Period, the defendants made false or misleading statements and\/or failed to disclose that:
(i) they exaggerated the capabilities of Quantum Computing\u2019s quantum technologies, products, and services;
(ii) they overstated the extent and nature of the company\u2019s relationship and contracts with NASA;
(iii) they misrepresented the progress, size, and customer demand for Quantum Computing\u2019s thin film lithium niobate (\u201cTFLN\u201d) foundry and chips;
(iv) the company\u2019s transactions with Quad M Solutions, Inc. and millionways, Inc. qualified as related party transactions;
(v) as a result, some of the company\u2019s reported revenue was derived from undisclosed related party deals; and
(vi) once these issues came to light, they were likely to significantly harm Quantum Computing\u2019s business and reputation.<\/p>\n

The lawsuit further alleges that on December 9, 2024, Iceberg Research published a report claiming, among other things, that Quantum Computing had shared misleading photos of what it called its foundry, noting that the setup resembled a basic lab rather than a facility capable of mass production as described by the company. Following this report, Quantum Computing\u2019s stock dropped nearly 6%, according to the complaint.<\/p>\n

Then, on January 16, 2025, Capybara Research released a report alleging that Quantum Computing was \u201ca rampant fraud\u201d that had misled investors from the beginning by fabricating revenue, misrepresenting its products, and issuing false press releases. The report also alleged that the company included language in employee separation agreements to prevent former employees from communicating with the SEC. On this news, the company\u2019s stock fell nearly 15% over two trading days, according to the complaint.<\/p>\n

Please visit our website<\/a> to review more information and submit your transaction information.<\/p>\n

The Portnoy Law Firm represents investors in pursuing claims against caused by corporate wrongdoing. The Firm\u2019s founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.<\/p>\n

Lesley F. Portnoy, Esq.
Admitted CA and NY Bar
lesley@portnoylaw.com<\/a>
310-692-8883
www.portnoylaw.com<\/p>\n

Attorney Advertising<\/p>\n

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