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Quantum Computing · ISIN: US74766W1080 · PR Newswire (ID: 20250422PH70088)
22 April 2025 09:53PM

Quantum Computing Inc. (QUBT) Investors Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit


Shareholders with losses of $50,000 or more are encouraged to contact the firm. 

BENSALEM, Pa., April 22, 2025 /PRNewswire/ -- The Law Offices of Howard G. Smith announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Quantum Computing Inc. ("QCI" or the "Company") (NASDAQ: QUBT).

IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN QUANTUM COMPUTING INC. (QUBT), CONTACT THE LAW OFFICES OF HOWARD G. SMITH BEFORE APRIL 28, 2025 (LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE ONGOING SECURITIES FRAUD LAWSUIT.

Contact the Law Offices of Howard G. Smith to discuss your legal rights by email at howardsmith@howardsmithlaw.com, by telephone at (215) 638-4847 or visit our website at www.howardsmithlaw.com.

What Is The Lawsuit About?

The complaint filed alleges that, between March 30, 2020 and January 15, 2025, Defendants failed to disclose to investors that: (1) Defendants overstated the capabilities of QCI's quantum computing technologies, products, and/or services; (2) Defendants overstated the scope and nature of QCI's relationship with NASA, as well as the scope and nature of QCI's NASA-related contracts and/or subcontracts; (3) Defendants overstated QCI's progress in developing a TFLN foundry, the scale of the purported TFLN foundry, and orders for the Company's TFLN chips; (4) QCI's business dealings with Quad M Solutions, Inc. and millionways, Inc. both qualified as related party transactions; (5) accordingly, QCI's revenues relied, at least in part, on undisclosed related party transactions; (6) all the foregoing, once revealed, was likely to have a significant negative impact on QCI's business and reputation; and (7) as a result, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.

Contact Us To Participate or Learn More:

If you wish to learn more about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to the pending class action lawsuit, please contact:

Howard G. Smith, Esq.,

Law Offices of Howard G. Smith,

3070 Bristol Pike, Suite 112,

Bensalem, Pennsylvania 19020,

Call us at: (215) 638-4847

Email us at: howardsmith@howardsmithlaw.com,

Visit our website at: www.howardsmithlaw.com.

To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Contact Us:

Law Offices of Howard G. Smith

Howard G. Smith, Esquire

215-638-4847

howardsmith@howardsmithlaw.com

www.howardsmithlaw.com

Cision View original content:https://www.prnewswire.com/news-releases/quantum-computing-inc-qubt-investors-who-lost-money-have-opportunity-to-lead-securities-fraud-lawsuit-302434840.html

SOURCE Law Offices of Howard G. Smith

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