Core Viewpoint - A securities fraud lawsuit has been filed against Quantum Computing Inc. and certain executives, alleging misleading statements regarding the company's technology capabilities and business relationships [1][2]. Group 1: Allegations of Misconduct - The lawsuit claims that defendants overstated the capabilities of Quantum Computing Inc.'s quantum computing technologies, products, and services [2]. - It is alleged that the defendants misrepresented the nature and scope of Quantum Computing Inc.'s relationship with NASA, including contracts and subcontracts [2]. - The lawsuit also states that the company exaggerated its progress in developing a TFLN foundry and the scale of its purported TFLN foundry and chip orders [2]. - Business dealings with Quad M and millionways are claimed to be related party transactions, which were not disclosed [2]. - The revenues of Quantum Computing Inc. were reportedly reliant on undisclosed related party transactions, which could negatively impact the company's business and reputation once revealed [2]. - The public statements made by the defendants are described as materially false and misleading throughout the relevant period [2]. Group 2: Investor Information - Investors who purchased Quantum Computing Inc. common stock between March 30, 2020, and January 15, 2025, and have experienced a decline in share value may be eligible to participate in the lawsuit [3]. - The deadline for seeking appointment as lead plaintiff is April 28, 2025, and a class has not yet been certified [4]. - Investors are encouraged to contact Block & Leviton for more information regarding their potential claims [4]. Group 3: Whistleblower Information - Individuals with non-public information about Quantum Computing Inc. are encouraged to assist in the investigation or file a report with the SEC under the whistleblower program, which may offer rewards of up to 30% of any successful recovery [5]. Group 4: Legal Representation - Block & Leviton is recognized as a leading securities class action firm, having recovered billions for defrauded investors and representing many top institutional investors [6].
BREAKING: Quantum Computing Inc. Sued For Securities Fraud; Investors Should Contact Block & Leviton to Potentially Recover Losses