Bronstein, Gewirtz & Grossman, LLC Files Class Action Lawsuit Against Quantum Computing Inc.
On March 25, 2025, in the United States District Court for the Southern District of New York, Bronstein, Gewirtz & Grossman, LLC, a leading nationally recognized law firm, announced the filing of a class action lawsuit against Quantum Computing Inc. (“QCI” or “the Company”) (NASDAQ: QUBT) and certain of its officers. The lawsuit alleges that the Company and its officers violated the federal securities laws.
Class Definition
The class action seeks to recover damages for all persons and entities that purchased or otherwise acquired QCI securities between March 30, 2020, and January 15, 2025 (the “Class Period”).
Allegations Against Quantum Computing Inc.
The complaint alleges that during the Class Period, defendants made false and/or misleading statements and/or failed to disclose material adverse facts about the Company’s business, operations, and financial condition. Specifically, the lawsuit alleges that the defendants made false and/or misleading statements and/or failed to disclose:
- Inadequate disclosures regarding the Company’s financial condition and its ability to meet its financial obligations
- Inadequate disclosures regarding the Company’s revenue growth and its ability to generate revenue
- Inadequate disclosures regarding the Company’s competitive position and its ability to compete in the quantum computing market
Impact on Individual Investors
If you are an individual investor who purchased or otherwise acquired QCI securities during the Class Period, you may be entitled to recover your losses, including damages. The class action aims to provide a vehicle for those investors to recover their losses through a consolidated lawsuit against the defendants. Investors are encouraged to contact the law firm to discuss their potential recovery options.
Impact on the Quantum Computing Industry and the World
The filing of this class action lawsuit raises concerns about the financial health and transparency of QCI, which could potentially impact the quantum computing industry as a whole. This lawsuit could also potentially deter investors from investing in the quantum computing sector, leading to a decrease in market confidence and a potential decline in stock prices. Additionally, the allegations made in the lawsuit could damage the reputation of QCI and its officers, potentially impacting their ability to secure future business deals and partnerships.
Conclusion
Investors who purchased or otherwise acquired QCI securities during the Class Period are encouraged to contact Bronstein, Gewirtz & Grossman, LLC to discuss their potential recovery options. The filing of this class action lawsuit could potentially have significant implications for the quantum computing industry and the world, and investors are encouraged to stay informed about the developments in this case.
The information provided in this article is not intended to be legal advice, but rather for informational purposes only. If you have any questions or concerns, please contact a qualified legal professional.
