Home ยป Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against Quantum Computing and Rocket Lab and Encourages Investors to Contact the Firm

Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against Quantum Computing and Rocket Lab and Encourages Investors to Contact the Firm

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NEW YORK, March 04, 2025 (GLOBE NEWSWIRE) — Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, reminds investors that class actions have been commenced on behalf of stockholders of Quantum Computing, Inc. (NASDAQ:QUBT) and Rocket Lab USA, Inc. (NASDAQ:RKLB). Stockholders have until the deadlines below to petition the court to serve as lead plaintiff. Additional information about each case can be found at the link provided.

Quantum Computing, Inc. (NASDAQ:QUBT)

Class Period: March 30, 2020 – January 15, 2025

Lead Plaintiff Deadline: April 28, 2025

The lawsuit alleges that, during the Class Period, Defendants made false and/or misleading statements and/or failed to disclose that: (i) Defendants overstated the capabilities of QCI’s quantum computing technologies, products, and/or services; (ii) 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; (iii) 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; (iv) QCI’s business dealings with Quad M and millionways both qualified as related party transactions; (v) accordingly, QCI’s revenues relied, at least in part, on undisclosed related party transactions; (vi) all the foregoing, once revealed, …

Full story available on Benzinga.com

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