Recent Security Class Actions

Quantum Corporation Common Stock (NASDAQ: QMCO)

Company Name:Quantum Corporation Common Stock
Stock Symbol:NASDAQ: QMCO
Class Period Start:08/14/2024
Class Period End (inclusive):08/18/2025
Filing Deadline:11/03/2025

According to the complaint, during the class period, defendants failed to disclose that: (1) Quantum Corporation improperly recognized revenue during the fiscal year ended March 31, 2025; (2) as a result, Quantum Corporation would need to restate its previously filed financial statements for the fiscal third quarter ended December 31, 2024; and (3) as a result, Defendants' statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all times.