QUBT Investor Alert: Kessler Topaz Meltzer & Check, LLP Encourages Investors to Act

RADNOR, Pa., March 09, 2025 (GLOBE NEWSWIRE) -- Kessler Topaz Meltzer & Check, LLP informs investors about an emerging situation involving Quantum Computing Inc. ("QCI"), associated with the NASDAQ ticker QUBT. A securities class action lawsuit has been initiated in the United States District Court for the District of New Jersey against QCI, aimed at protecting the interests of investors who purchased shares during the designated period from March 30, 2020, to January 15, 2025. This period is referred to as the "Class Period." The deadline for investors to act as lead plaintiffs is set for April 28, 2025.

Investors seeking further assistance may reach out to attorney Jonathan Naji, Esq. at (484) 270-1453 or via email at [email protected].

Allegations Against the Defendants

The lawsuit outlines serious allegations against the defendants, stating that they made misleading statements while also failing to disclose critical negative information regarding QCI’s operations and business outlook. Some key points from the complaint include:

• QCI allegedly exaggerated the capabilities of its quantum computing technologies, products, and services.
• The company allegedly overstated its relationships and contracts with NASA.
• Claims have been made that QCI inaccurately presented the progress regarding a thin film lithium niobate ("TFLN") foundry, including its scale and the orders it received for TFLN chips.
• It was argued that QCI’s business dealings involved undisclosed related party transactions that affected the company's revenue.
• Concerns were raised about the potential negative repercussions that could arise from these disclosures, potentially harming the company's reputation and operations.

Process for Lead Plaintiffs

QCI investors have the opportunity, until April 28, 2025, to seek appointment as a lead plaintiff who will represent the interests of the class in this lawsuit. A lead plaintiff acts on behalf of all class members and typically is an investor or group of investors with substantial financial interest in the case. This representative will select legal counsel to guide the litigation, but investors should note that their eligibility for recovery is unaffected whether they decide to take on this role or remain as passive class members.

Kessler Topaz Meltzer & Check, LLP encourages any QCI investors who have experienced significant losses to reach out for more information and support regarding their legal options.

For more details or to get involved, click here: Sign Up for the Case.

About Kessler Topaz Meltzer & Check, LLP

Kessler Topaz Meltzer & Check, LLP specializes in class action litigation, operating in both state and federal courts across the United States and globally. The firm has a strong legacy of securing billions for victims of corporate wrongdoing and strives to protect investors and consumers from fraud and misconduct.

For immediate inquiries, potential clients can contact:

Kessler Topaz Meltzer & Check, LLP
Jonathan Naji, Esq.
(484) 270-1453
280 King of Prussia Road
Radnor, PA 19087
[email protected]

This announcement may be considered attorney advertising in some jurisdictions. Results achieved in the past do not guarantee similar outcomes in the future.

QUBT, lawsuit, investors