Shareholders of Quantum Computing Inc. have been advised to contact The Gross Law Firm before April 28, 2025, regarding a potential lead plaintiff appointment in a class action lawsuit. The lawsuit alleges that during the class period from March 30, 2020, to January 15, 2025, Quantum Computing Inc.
made materially false and misleading statements. These statements include overstating the capabilities of its quantum computing technologies, products, and services. The company also misrepresented the scope and nature of its relationship with NASA and related contracts.
Additionally, Quantum Computing Inc. overstated progress in developing a thin film lithium niobate foundry and related orders.
Class action lawsuit against Quantum Computing
The lawsuit further alleges that the company engaged in undisclosed related-party transactions with Quad M and Millionways. As a result of these misrepresentations, the company’s business and reputation were negatively impacted once they were revealed. Shareholders who purchased shares during the class period are encouraged to register for the class action before the April 28, 2025 deadline.
There is no cost or obligation to participate. Those who register will be enrolled in a portfolio monitoring software for status updates throughout the case’s lifecycle. The Gross Law Firm is recognized for protecting investors’ rights against companies engaged in deceit and illegal business practices.
They seek recovery for investors affected by false or misleading statements and omissions by a company that lead to the artificial inflation of its stock. For more information, shareholders can contact The Gross Law Firm at their office located at 15 West 38th Street, 12th Floor, New York, NY, or by phone at (646) 453-8903.
Image Credits: Photo by Pavel Danilyuk on Pexels
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