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Quantum Corp. faces class action over allegedly false financial statements.
ByAinvest
Monday, Nov 3, 2025 3:50 am ET1min read
• Class action lawsuit filed against Quantum Corporation (QMCO) for SEC violations • Shareholders who purchased shares between Nov 15, 2024, and Aug 18, 2025, encouraged to contact the firm • Restatement of prior financial statements due to improper revenue recognition • Public statements were false and misleading throughout the class period • Deadline for lead plaintiff appointments is Nov 3, 2025 • Appointment as lead plaintiff is not required to participate in recovery
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