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News  ›  GlobeNewswire Inc.

QMCO INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Quantum Corporation Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Bronstein, Gewirtz & Grossman Llc
QMCO INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Quantum Corporation Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit

A class action lawsuit has been filed against Quantum Corporation alleging improper revenue recognition and misleading financial statements during the period of November 15, 2024 to August 18, 2025.

Insights
LKAI   positive

Company successfully won a significant arbitration award and is positioned to receive approximately US$67 million


QMCO   negative

The lawsuit alleges financial misconduct including improper revenue recognition and potential need to restate financial statements, which suggests significant accounting and transparency issues that could negatively impact investor confidence