GRABAR LAW OFFICE INVESTIGATES CLAIMS ON BEHALF OF LONG-TERM SHAREHOLDERS OF QUANTUM COMPUTING INC. (QUBT)

Philadelphia, Pennsylvania--(Newsfile Corp. - April 29, 2025) - The investigation concerns whether certain officers and directors breached the fiduciary duties they owed to the company.

If you are a current Quantum Computing Inc. (NASDAQ: QUBT) shareholder who has held Quantum shares since prior to March 30, 2020, and still hold shares today, you can seek corporate reforms, the return of money back to the company, and a court approved incentive award, at no cost to you whatsoever. Please visit https://grabarlaw.com/the-latest/quantum-shareholder-investigation/ contact Joshua Grabar at jgrabar@grabarlaw.com or call us at 267-507-6085.

WHY? A recently filed securities fraud class action complaint alleges that Quantum Computing Inc (NASDAQ: QUBT), through certain of its officers, fraudulently, repeatedly touted Quantum's business dealings and contracts with various entities, including employee staffing solutions company Quad M Solutions, Inc. and millionways, Inc., purportedly a leading AI firm, as well as Quantum's purported "long-standing strategic partnership" with NASA. Defendants represented that each such deal, contract, or partnership resulted from Quantum's ability to substantially aid a given use-case through its differentiated quantum computing technologies, products, and/or services.

The underlying Complaint alleges that, Quantum Computing, through certain of its officers, made materially false and misleading statements regarding the Company's business, operations, and prospects. Specifically, the Complaint alleges Defendants made false and/or misleading statements and/or failed to disclose that: (i) Defendants overstated the capabilities of Quantum's quantum computing technologies, products, and/or services; (ii) Defendants overstated the scope and nature of Quantum's relationship with NASA, as well as the scope and nature of Quantum's NASA-related contracts and/or subcontracts; (iii) Defendants overstated Quantum's progress in developing a TFLN foundry, the scale of the purported TFLN foundry, and orders for the Company's TFLN chips; (iv) Quantum's business dealings with Quad M and millionways both qualified as related party transactions; (v) accordingly, Quantum's revenues relied, at least in part, on undisclosed related party transactions; (vi) all the foregoing, once revealed, was likely to have a significant negative impact on Quantum's business and reputation; and (vii) as a result, Defendants' public statements were materially false and misleading at all relevant times.

WHAT CAN YOU DO NOW? If you purchased Quantum Computing (NASDAQ: QUBT) shares prior to March 30, 2020, and still hold shares today, you are encouraged to visit https://grabarlaw.com/the-latest/quantum-shareholder-investigation/, contact Joshua Grabar at jgrabar@grabarlaw.com, or call 267-507-6085. You may be able to seek corporate reforms, the return of funds back to the company, and a court approved incentive award at no cost to you whatsoever.

Attorney Advertising Disclaimer

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/250219