QS INVESTOR ALERT: Bernstein Liebhard is Investigating QuantumScape Corporation For Violations of the Securities Laws
NEW YORK, Jan. 5, 2021 /PRNewswire/ -- Bernstein Liebhard, a nationally acclaimed investor rights law firm, is investigating potential securities fraud claims on behalf of shareholders of QuantumScape Corporation. ("QuantumScape" or the "Company") (NYSE: QS) resulting from allegations that QuantumScape might have issued misleading information to the investing public.
If you purchased QuantumScape securities, and/or would like to discuss your legal rights and options please visit QS Shareholder Investigation or contact Matthew E. Guarnero toll free at (877) 779-1414 or [email protected].
On January 4, 2021, an article was published on Seeking Alpha. That article pointed to a number of risks associated with QuantumScape's solid state batteries. These risk make QuantumScape's batteries "completely unacceptable for real world field electric vehicles." The article specifically stated that QuantumScape's battery's power meant it would "only last for 260 cycles or about 75,000 miles of aggressive driving."
On this news, the price of QuantumScape's shares fell $34.49 or approximately 40.84% to close at $49.96 per share on January 4, 2021.
If you purchased QuantumScape securities, and/or would like to discuss your legal rights and options please visit https://www.bernlieb.com/cases/quantumscapecorporation-qs-shareholder-class-action-lawsuit-stock-fraud-352/apply/ or contact Matthew E. Guarnero toll free at (877) 779-1414 or [email protected].
Since 1993, Bernstein Liebhard LLP has recovered over $3.5 billion for its clients. In addition to representing individual investors, the Firm has been retained by some of the largest public and private pension funds in the country to monitor their assets and pursue litigation on their behalf. As a result of its success litigating hundreds of lawsuits and class actions, the Firm has been named to The National Law Journal's "Plaintiffs' Hot List" thirteen times and listed in The Legal 500 for ten consecutive years.
ATTORNEY ADVERTISING. © 2021 Bernstein Liebhard LLP. The law firm responsible for this advertisement is Bernstein Liebhard LLP, 10 East 40th Street, New York, New York 10016, (212) 779-1414. The lawyer responsible for this advertisement in the State of Connecticut is Michael S. Bigin. Prior results do not guarantee or predict a similar outcome with respect to any future matter.
Contact Information
Matthew E. Guarnero
Bernstein Liebhard LLP
https://www.bernlieb.com
(877) 779-1414
[email protected]
SOURCE Bernstein Liebhard LLP
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