The Schall Law Firm Announces Class Action Lawsuit Against Quantum Computing Inc.
On February 28, 2025, The Schall Law Firm, a leading national shareholder rights litigation firm, announced a class action lawsuit against Quantum Computing Inc. (“Quantum Computing” or “the Company”) (NASDAQ: QUBT) for alleged violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. The lawsuit was filed in the Southern District of New York.
Class Period and Eligibility
The Class Period for this lawsuit is between March 30, 2020, and January 15, 2025, inclusive. Investors who purchased the Company’s securities during this period are encouraged to contact The Schall Law Firm before April 28, 2025.
Allegations against Quantum Computing
The complaint alleges that Quantum Computing made false and misleading statements and failed to disclose material information during the Class Period. Specifically, the Company allegedly made false and/or misleading statements and/or failed to disclose that:
- There were significant issues with the Company’s quantum computing technology;
- The Company’s financial statements were materially false and misleading;
- The Company lacked adequate internal controls;
- The Company’s revenue growth was due to undisclosed related-party transactions;
Impact on Individual Investors
The Schall Law Firm’s class action lawsuit against Quantum Computing may have significant implications for individual investors who purchased the Company’s securities during the Class Period. If the allegations are proven true, these investors may be able to recover their losses through the lawsuit.
Impact on the World
The outcome of this lawsuit could have far-reaching implications for the quantum computing industry as a whole. If the allegations against Quantum Computing are proven true, it could lead to increased scrutiny of other companies in the industry and potentially deter investors from putting their money into quantum computing stocks.
Conclusion
The Schall Law Firm’s announcement of a class action lawsuit against Quantum Computing Inc. for alleged securities law violations could have significant implications for individual investors and the quantum computing industry as a whole. If you purchased Quantum Computing securities during the Class Period, you may be eligible to recover your losses through the lawsuit. For more information, contact The Schall Law Firm before the deadline.
It is important to note that this article is for informational purposes only and does not constitute legal advice. If you have any questions or concerns regarding your investment in Quantum Computing, you should consult with a qualified attorney.
