Popular on Rezul
- New Report Reveals Surprising Trends in Ohio Airport Accidents
- Majestic CA Fire & Disaster Safe Haven/VIP Ranch Retreat w/ Extraordinary Water Resources
- Purple Heart Recipient Honored by Hall of Fame Son In Viral Tribute Sparking National Conversation on Service Fatherhood, Healing and Legacy
- Specializing in Concrete Cleaning & Sealing, Titan Pressure Washing of Stuart Florida Showcases Their Process in Video Demonstration
- Gemini Community Brings Affordable New Homes to Splendora Near Valley Ranch Growth
- Distributed Social Media - Own Your Content
- New Book Warring From the Standpoint of the Throne Room Calls Believers to Pray From Victory
- Summit Appoints Javier Cabeza as Data, AI, and Analytics Practice Lead
- New Environmental Thriller "The Star Thrower" Reimagines a Classic Lesson in Individual Impact
- Progressive Dental & The Closing Institute Partner with Zest Dental Solutions to Elevate Full-Arch Growth and Patient Outcomes
Similar on Rezul
- UK Financial Ltd Tokenized LTNS 1, A $1.1 T Asset-Backed ERC-3643 Security Token with 11 On-Chain Contracts Verifying, Compliant Real-World Value
- The Inner Power of Emotional Self-Leadership
- Dr. Nadene Rose Shares the Secret to True Success: Faith, Obedience, and Divine Purpose
- Award-Winning REALTOR® Paige Coker Joins Corcoran DeRonja Real Estate
- TicTac Group acquires French EdTech company Distrisoft
- Newborn Care Network Introduces Clinical Standard to Bridge the Six-Week Postpartum Gap
- The AAA Metamorphosis: How Global Gaming Is Redefining Production Standards
- Monexplora Explains the Options Mechanics Behind March's Tech Selloff and VIX Surge
- EFA Announces 2026 Editorial Rate Chart
- AI Disruption Meets Marine Scale: Off The Hook YS, Inc. (N Y S E American: OTH) Targets Breakout Growth with NextBoat Launch and Aggressive Expansion
Quantum Computing Inc. (QUBT) Investors Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
Rezul News/10696058
LOS ANGELES, March 13, 2025 /PRNewswire/ -- The Law Offices of Frank R. Cruz announces that investors with losses related to Quantum Computing Inc. ("QCI" or the "Company") (NASDAQ: https://www.prnewswire.com/news-releases/#finan..." rel="nofollow">QUBT) have opportunity to lead the securities fraud class action lawsuit.
IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN QUANTUM COMPUTING INC. (QUBT), CLICK HERE BEFORE APRIL 28, 2025 (THE LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE ONGOING SECURITIES FRAUD LAWSUIT.
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.
More on Rezul News
Contact Us To Participate or Learn More:
If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us.
The Law Offices of Frank R. Cruz,
Email us at: [email protected]
Call us at: 310-914-5007
Visit our website at: www.frankcruzlaw.com
Follow us for updates on Twitter: twitter.com/FRC_LAW.
If you inquire by email, please include your mailing address, telephone number, and number of shares purchased.
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.
More on Rezul News
Contact Us:
The Law Offices of Frank R. Cruz, Los Angeles
Frank R. Cruz,
Telephone: 310-914-5007
Email: [email protected]
Visit our website at: www.frankcruzlaw.com
SOURCE The Law Offices of Frank R. Cruz, Los Angeles
IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN QUANTUM COMPUTING INC. (QUBT), CLICK HERE BEFORE APRIL 28, 2025 (THE LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE ONGOING SECURITIES FRAUD LAWSUIT.
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.
More on Rezul News
- LiposoMore™ Redefines Bioavailability: Joyful Nutritional Launches High-Performance Liposomal Vitamin C and Iron for the Global Supplement Market
- GDE Tree Services Expands Operations into Sydney, NSW
- Tuckwell Machinery Expands CNC Range to Support Australian Cabinet Makers
- "Dave Simmons of StrataX Development: Why AB1033 and SB9 Are About to Rewrite California Real Estate"
- Barrett Henry Leads The NOW Team Across 8 Tampa Bay Counties at RE/MAX Collective
Contact Us To Participate or Learn More:
If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us.
The Law Offices of Frank R. Cruz,
Email us at: [email protected]
Call us at: 310-914-5007
Visit our website at: www.frankcruzlaw.com
Follow us for updates on Twitter: twitter.com/FRC_LAW.
If you inquire by email, please include your mailing address, telephone number, and number of shares purchased.
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.
More on Rezul News
- The Inner Power of Emotional Self-Leadership
- Dr. Nadene Rose Shares the Secret to True Success: Faith, Obedience, and Divine Purpose
- Understanding Unexpected Death: Why Independent Autopsies Matter in Cases Without Clear Cause
- Epic Pictures Group Sets North American Release Date for the Thriller NO ORDINARY HEIST
- Award-Winning REALTOR® Paige Coker Joins Corcoran DeRonja Real Estate
Contact Us:
The Law Offices of Frank R. Cruz, Los Angeles
Frank R. Cruz,
Telephone: 310-914-5007
Email: [email protected]
Visit our website at: www.frankcruzlaw.com
SOURCE The Law Offices of Frank R. Cruz, Los Angeles
Filed Under: Business
0 Comments
Latest on Rezul News
- New Book Reveals The Science Of Predictions
- Jerry Gustoso Joined the Corcoran Sawyer Smith
- Compliance Alert: Maryland, Texas Regulate Use of Artificial Intelligence in Utilization Reviews
- Reozom Expands Flat Fee MLS Services in Florida and Michigan with Digital Listing Platform
- Colony Ridge Communities Celebrates Successful Soccer Season Kickoff with Families and Youth
- HomeServices of America Launches 'Coming Soon' Listing Partnership with Zillow
- NYC Composer/Educator Launches Debut Children's Book to Fantastic Reviews
- EFA Announces 2026 Editorial Rate Chart
- Red5 Taps PubNub to Power the Next Era of Real-Time Interactive Streaming
- Lee Wetherington Homes bestowed 10 awards during 2026 Parade of Homes Gala
- Shoutout Joseph Neibich aka Nybyk
- Meet Joseph Neibich aka Joseph Nybyk of Beachwood Canyon
- LARUS Launches Business Continuity Framework for IPv4-Dependent Networks
- 438–444 N. La Cienega Boulevard Trades in West Hollywood's Premier Design Corridor
- California Housing Crisis Sparks Growth: Dave Simmons and StrataX Development Double Down on ADU Expansion
- KeysCaribbean Offers 'Skip-the-Crowds' Savings With 15 Percent Off April Stays
- EdFed Launches Homebuyer Concierge Program to Simplify Homebuying
- A Closer Look at How Buyers Are Navigating Today's Market in Northeast Ohio
- Supply & Demand Chain Executive Names Puga Sankara as Recipient of 2026 Pros to Know Award
- Denkers Property Maintenance Announces Launch of New Wesbite