Cohen v. Quantum Computing Inc. et al, case no. 2:25-cv-01457, is a securities fraud case currently pending before Judge Jessica S. Allen in the U.S. District Court, District of New Jersey. The lawsuit alleges Quantum and certain of its executives misled investors by overstating the capabilities of its quantum technologies and exaggerating the scope of its partnerships, including with NASA. The complaint also claims that Quantum failed to disclose related-party transactions. Plaintiffs allege these misstatements artificially inflated Quantum’s stock price, harming investors.
On June 13, 2025, Judge Allen issued an Order appointing Jaeyeol Jung as lead plaintiff in the case. Judge Allen also appointed Levi & Korsinsky, LLP as lead counsel in this matter.
A copy of the Court’s Order can be found here.