Bragar Eagel & Squire, P.C. Announces Class Action Lawsuits Against Quantum Computing, Atkore, Newmont, and Semtech

NEW YORK, April 01, 2025 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a reputable law firm specializing in shareholder rights, has announced that class action lawsuits have been filed on behalf of investors in Quantum Computing, Inc. (QUBT), Atkore Inc. (ATKR), Newmont Corporation (NEM), and Semtech Corporation (SMTC). Shareholders who wish to participate in these lawsuits must act before the deadlines outlined below.

Class Action Details for Quantum Computing, Inc. (QUBT)

Class Period: March 30, 2020 – January 15, 2025
Lead Plaintiff Deadline: April 28, 2025

The lawsuit claims that during the specified Class Period, the defendants allegedly made several false and misleading statements. These include:

• Overstating the capabilities of QCI's quantum computing technologies and services.
• Misrepresenting the extent and nature of QCI's relationship with NASA.
• Exaggerating progress on the TFLN foundry and misleading information about TFLN chip orders.
• Not disclosing related party transactions that could impact revenues.
• Overall, the public statements were deemed materially false and misleading.

For further details on the QCI class action, visit the following link: QCI Class Action Information.

Class Action Details for Atkore Inc. (ATKR)

Class Period: August 2, 2022 – February 3, 2025
Lead Plaintiff Deadline: April 23, 2025

The complaint against Atkore claims that it engaged in a price-fixing scheme that inflated the price of PVC pipes. Key allegations include:

• Failure to disclose involvement in anticompetitive practices.
• Gaining significant financial benefits unsustainably through these practices.
• Consequences of being unable to maintain inflated prices, leading to operational impacts.
• Public representations about the company’s status were found misleading and lacking a reasonable basis.

For additional information about the Atkore class action, click here: Atkore Class Action Information.

Class Action Details for Newmont Corporation (NEM)

Class Period: February 22, 2024 – October 23, 2024
Lead Plaintiff Deadline: April 1, 2025

The lawsuit alleges that Newmont made misleading statements regarding its revenue and production capabilities. Primary claims include:

• Creating a false impression of confidence in projected revenue and production capabilities.
• Failing to disclose relevant variables affecting these projections and statements.

For more details on the Newmont class action, visit: Newmont Class Action Information.

Class Action Details for Semtech Corporation (SMTC)

Class Period: August 27, 2024 – February 7, 2025
Lead Plaintiff Deadline: April 22, 2025

The complaint against Semtech outlines that during the Class Period, the company's statements about its CopperEdge products were misleading. Key points include:

• Failure to satisfy customer needs, necessitating changes in rack architecture.
• Expectations for sales ramp-up were not met, leading to lower-than-anticipated sales.
• Defendants’ positive statements about the business were materially misleading.

For more information regarding the Semtech class action, go to: Semtech Class Action Information.

About Bragar Eagel & Squire, P.C.

Bragar Eagel & Squire, P.C. is a law firm based in New York, California, and South Carolina, focusing on representing investors in various forms of litigation, including commercial, securities, and complex cases across state and federal courts. For more information about the firm and its services, please visit their official website.

lawsuit, investors, classaction, Securities