NOTICE OF CLASS ACTION: Litigation Commences Against DMY Group Inc. (DMYI) Over Alleged Securities Violations

QUBT Announcement: Kessler Topaz Meltzer Check LLP Notifies Investors of a Class Action Lawsuit Against

Benzinga - March 25, 2023 - Kessler Topaz Meltzer Check, LLP announced that it has filed a securities class action lawsuit against Qubt Corporation (NASDAQ: QUBT).

The lawsuit was filed on behalf of all investors who purchased Qubt Corporation's publicly traded securities between July 26, 2022, and January 17, 2023, inclusive. The lawsuit alleges that Qubt Corporation and certain of its officers and directors made false and misleading statements and/or failed to disclose material information during the class period.

On January 17, 2023, Qubt Corporation issued a press release stating that it had received a letter from the Securities and Exchange Commission ("SEC") regarding an investigation into the Company's accounting practices. The press release also stated that the Company had suspended its Chief Financial Officer and had engaged a new accounting firm to review its financial statements.

The lawsuit claims that the Company's public statements and filings were false and misleading because they failed to disclose the SEC's investigation and the Company's accounting issues. As a result, investors who purchased Qubt Corporation's securities during the class period were harmed by the Company's false and misleading statements and/or the failure to disclose material information.

Kessler Topaz Meltzer Check, LLP is a leading national securities class action law firm with offices in Philadelphia, PA, and San Diego, CA. The firm has represented investors in numerous securities class action lawsuits, including cases involving publicly traded companies and their officers and directors.

If you are a current or former investor who purchased Qubt Corporation's publicly traded securities between July 26, 2022, and January 17, 2023, inclusive, you may be a member of the class action lawsuit. You can contact Kessler Topaz Meltzer Check, LLP at info@kesslermeltzer.com or 888-395-6939 to learn more about the lawsuit and your rights as an investor.