Core Viewpoint - Quantum Computing Inc. is facing a class action lawsuit due to allegations of misleading statements and undisclosed related party transactions during the Class Period from March 30, 2020, to January 15, 2025 [1][2] Allegations of Misconduct - The lawsuit claims that Quantum Computing exaggerated the capabilities of its quantum technologies, overstated its relationship with NASA, and misrepresented customer demand for its products [2] - It is alleged that the company had undisclosed related party transactions that inflated reported revenue [2] - Reports from Iceberg Research and Capybara Research accused Quantum Computing of misleading investors and fabricating revenue, leading to significant stock price drops of nearly 6% and 15% respectively [3][4] Legal Actions and Investor Rights - Investors have until April 28, 2025, to file a lead plaintiff motion in the class action lawsuit [1] - The Portnoy Law Firm is offering complimentary case evaluations for affected investors to discuss their legal rights and options for recovering losses [2][5]
Quantum Computing Inc. Investors: Please contact the Portnoy Law Firm to recover your losses. April 28, 2025 Deadline to file Lead Plaintiff Motion.