Quantum Computing Inc. Class Action Lawsuit - QUBT

Company
Quantum Computing Inc. (NSADAQ: QUBT)
Lead Plaintiff Deadline
April 28, 2025 (Expired)
Class Period
March 30, 2020 - January 15, 2025

Expired

Lead Plaintiff Deadline

Apr 28, 2025

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Allegations

The filed complaint alleges that Quantum Computing Inc. made materially false and/or misleading statements and/or failed to disclose 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 and millionways both qualified as related party transactions; (v) accordingly, QCI’s revenues relied, at least in part, on undisclosed related party transactions; (vi) all the foregoing, once revealed, was likely to have a significant negative impact on QCI’s business and reputation; and (vii) as a result, defendants’ public statements were materially false and misleading at all relevant times.

Eligibility

In order to be eligible to join the QUBT class action lawsuit, you must have incurred a loss on shares of Quantum Computing Inc. purchased during the class period listed above.

Lead Plaintiff Deadline

If you suffered a loss in Quantum Computing Inc. during the relevant time frame or pursuant to the relevant offering(s), you have until April 28, 2025 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

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