Home » Technology » Bragar Eagel & Squire, P.C. Alerts Investors on Class-Action Implications for Securities Fraud Cases

Bragar Eagel & Squire, P.C. Alerts Investors on Class-Action Implications for Securities Fraud Cases

Investor Alert: Class Action Lawsuits Filed for Quantum Computing adn Rocket Lab Stockholders

Class action lawsuits have been announced on behalf of investors in Quantum Computing, Inc. (NASDAQ: QUBT) and Rocket Lab USA, Inc. (NASDAQ: RKLB). Investors who held stock during the specified class periods may be eligible to participate. Key deadlines are approaching, so it’s crucial to understand your rights and options.

Quantum Computing, inc. (NASDAQ: QUBT) Class Action

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

Lead Plaintiff Deadline: April 28, 2025

Investors who purchased or acquired Quantum Computing, Inc. (QUBT) stock between March 30, 2020, and January 15, 2025, may have grounds to join the class action lawsuit. The lead plaintiff deadline to petition the court is April 28, 2025.

For more detailed facts regarding this QUBT class action lawsuit, visit: https://bespc.com/cases/QUBT

Rocket Lab USA, Inc. (NASDAQ: RKLB) Class Action

Class period: November 12, 2024 – February 25, 2025

Lead Plaintiff Deadline: April 28, 2025

The rocket Lab USA, Inc. (RKLB) class action lawsuit stems from allegations that the company misled investors regarding the launch timeline of its Neutron rocket. A report published by Bleecker Street Research on February 25,2025,triggered a significant stock drop.

Key Allegations Against Rocket Lab

  • Neutron Rocket Launch Delay: The report alleged that Rocket Lab “has materially misled investors about the likelihood that its Neutron rocket will launch in mid-2025.
  • Barge Landing Test Delays: Plans for three barge landing tests, initially slated for September 2024 to march 2025, were reportedly pushed back to a window between September 2025 and March 2026.
  • Launch Pad Preparation Issues: Significant delays in preparing the launch pad were highlighted, including a “potable water problem not scheduled to be fixed until January 2026,” further delaying the launch.
  • Unreliable Contract Partner: The report claimed that Neutron’s only contract was with an “unreliable startup” named E-Space, described as a “risk item,” and that the “contract is not a full-price deal, contrary to what Rocket Lab has said.

As a result of this news, Rocket Lab’s stock price plummeted $2.21, or 9.8%, closing at $20.28 per share on February 25, 2025, amid unusually high trading volume.

Legal Claims

The lawsuit alleges that Rocket Lab made “materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects.

Specifically, the lawsuit claims that Rocket Lab failed to disclose:

  1. The Company’s plans for three barge landing tests were considerably delayed.
  2. A critical potable water problem was not scheduled to be fixed until January 2026, which delayed preparation of the launch pad.
  3. Consequently, there was a ample risk that Rocket Lab’s Neutron rocket would not launch in mid-2025.
  4. Neutron’s only contract was made at a discount with an unreliable partner.
  5. defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

for more detailed information regarding this RKLB class action lawsuit, visit: https://bespc.com/cases/RKLB

what Should Investors Do?

If you purchased or acquired shares of Quantum Computing, Inc. (QUBT) or Rocket Lab USA, Inc. (RKLB) during the class periods mentioned above, it is indeed essential to understand your legal rights. The lead plaintiff deadline for both cases is April 28,2025.Contact a qualified legal professional immediately to discuss your options and protect your investments.

What should investors who purchased shares of Quantum computing, Inc. (QUBT) or Rocket Lab USA, Inc. (RKLB) during the relevant class periods do to protect their investments?

Investor Alert: class Action Lawsuits & Quantum Computing (QUBT) and Rocket Lab (RKLB) – Expert Insights

Archyde News sits down with financial legal expert, Amelia Stone, Esq.,to discuss the recent class action lawsuits filed for Quantum Computing,inc. (NASDAQ: QUBT) and rocket Lab USA, Inc. (NASDAQ: RKLB) stockholders.

Understanding the Class Action Lawsuits Against QUBT and RKLB

Archyde News: Amelia, thanks for joining us. Can you briefly explain what these class action lawsuits are about for those who might be unfamiliar?

Amelia stone: Certainly. A class action lawsuit is a legal mechanism that allows a group of people with similar grievances to sue a company as a single unit. In these specific cases, the lawsuits allege that Quantum Computing, Inc. (QUBT) and Rocket Lab USA, Inc. (RKLB) misled investors, resulting in financial losses. Investors who purchased stock within specific periods might potentially be eligible to participate.

Key Dates and Deadlines for QUBT and RKLB Investors

Archyde News: What are the critical deadlines that investors in Quantum Computing (QUBT) and Rocket Lab (RKLB) need to be aware of?

Amelia Stone: The most immediate deadline for both QUBT and RKLB lawsuits is the lead plaintiff deadline, which is April 28, 2025. This is the date by which an investor must petition the court to be considered to serve as the lead plaintiff in the case. Acting as lead plaintiff provides greater control and influence over the litigation.

Allegations Against Quantum Computing (QUBT)

Archyde News: Let’s start with Quantum Computing, Inc. (QUBT). What are the core accusations in that lawsuit?

Amelia Stone: the lawsuit pertaining to Quantum Computing (QUBT) covers investors who purchased stock between March 30,2020,and January 15,2025. The specifics will be uncovered through finding, but the general claim is that QUBT made misleading statements or omissions that artificially inflated the stock price.

Allegations Against Rocket Lab (RKLB) and the Neutron Rocket Delay

Archyde News: Moving on to Rocket Lab (RKLB), the news mentions a specific report triggering a stock drop.Can you elaborate on the issues raised in the Rocket Lab (RKLB) class action?

Amelia Stone: Certainly. The Rocket Lab USA, Inc. (RKLB) class action lawsuit centers around allegations concerning the timeline of their neutron rocket launch. The lawsuit alleges that Rocket Lab provided misleading data regarding the launch, including significant delays in barge landing tests, launch pad readiness, and the reliability of their only contract partner. These allegations caused a substantial drop in Rocket Lab’s (RKLB) stock price when revealed in a report by Bleecker Street Research.

Protecting your Investment: What Should QUBT and RKLB Investors Do?

Archyde News: So what steps should impacted investors in Quantum Computing (QUBT) and Rocket Lab (RKLB) take to protect their investments?

Amelia Stone: Time is of the essence. Investors who purchased or acquired shares of Quantum Computing, Inc. (QUBT) or Rocket Lab USA, Inc. (RKLB) during the relevant class periods should immediately consult with a qualified legal professional to assess their options and understand their rights. They need to determine whether participating in the class action or pursuing individual legal action is the most suitable course of action. Contacting legal counsel before the Lead Plaintiff deadline is crucial.

Thought-Provoking Question for Our Readers

Archyde News: Amelia, this has been incredibly informative. One final question, perhaps for our readers to consider: Considering the complexity of financial markets and the reliance on company disclosures, how can individual investors better protect themselves against perhaps misleading information and make more informed decisions, especially in emerging sectors like quantum computing and space exploration?

Amelia Stone: That’s a vital question. Diversification, diligent research, and critically evaluating information from multiple sources are essential. Educating oneself about financial statements, industry trends, and potential risks associated with specific companies and sectors can substantially improve investment decision-making. Investing in something you do not understand is a huge risk. Moreover, don’t be afraid to seek professional financial advice.

Archyde News: Amelia Stone, thank you for sharing your expertise with us today.

Amelia Stone: My pleasure.

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