INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Quantum Corporation of Class Action Lawsuit and Upcoming Deadlines - QMCO
Pomerantz Law Firm is investigating a class action lawsuit against Quantum Corporation (QMCO) regarding potential securities fraud.Summary
Pomerantz LLP has announced a class action lawsuit filed against Quantum Corporation (NASDAQ: QMCO) and is seeking investors who have experienced losses. The lawsuit alleges potential securities fraud and unlawful business practices by Quantum and its officers. Investors who purchased Quantum securities during the class period have until November 3, 2025, to apply to be Lead Plaintiff. The case stems from several disclosures made by Quantum, including a postponement of its Annual Report due to revenue recognition accounting review, a subsequent announcement of unreliable financials requiring a $3.9 million revenue restatement, and the resignation of its Chief Financial Officer, Lewis Moorehead, amidst an internal accounting review. These disclosures led to significant drops in Quantum’s stock price on July 1, August 11, and August 19, 2025. Pomerantz LLP, a leading firm in corporate and securities litigation, is handling the case and encourages interested investors to contact them for more information.
(Source：FinancialContent)