{"id":409781,"date":"2021-01-06T14:04:20","date_gmt":"2021-01-06T19:04:20","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=409781"},"modified":"2021-01-06T14:04:20","modified_gmt":"2021-01-06T19:04:20","slug":"qs-investor-alert-bernstein-liebhard-llp-announces-that-a-securities-class-action-lawsuit-has-been-filed-against-quantumscape-corporation","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/qs-investor-alert-bernstein-liebhard-llp-announces-that-a-securities-class-action-lawsuit-has-been-filed-against-quantumscape-corporation\/","title":{"rendered":"QS INVESTOR ALERT: Bernstein Liebhard LLP Announces that a Securities Class Action Lawsuit Has Been Filed Against QuantumScape Corporation"},"content":{"rendered":"
\n

PR Newswire<\/p>\n<\/p><\/div>\n

\n

\n NEW YORK<\/span>, Jan. 6, 2021<\/span> \/PRNewswire\/ —\u00a0Bernstein Liebhard, a nationally acclaimed investor rights law firm, announces that a securities class action lawsuit has been filed on behalf of investors who purchased or acquired the securities of QuantumScape Corporation (“QuantumScape” or the “Company”) (NYSE: QS) from December 8, 2020<\/span> through December 31, 2020<\/span> (the “Class Period”). The lawsuit filed in the United States<\/span> District Court for the Northern District of California<\/span> alleges violations of the Securities Exchange Act of 1934.<\/p>\n

\n

\n
\n \"Bernstein
\n <\/a>\n <\/p>\n<\/p><\/div>\n

If you\u00a0purchased QuantumScape securities, and\/or would like to discuss your legal rights and options<\/b>\u00a0please visit\u00a0QuantumScape Shareholder Class Action Lawsuit<\/a>\u00a0or contact\u00a0Matthew E. Guarnero<\/span><\/a>\u00a0toll free at\u00a0(877) 779-1414<\/b>\u00a0or\u00a0MGuarnero@bernlieb.com<\/a><\/p>\n

The complaint alleges that throughout the Class Period the Defendants made materially false and\/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects.\u00a0 Specifically, Defendants failed to disclose to investors that : (i) the Company’s purported success related to its solid-state battery power, battery life, and energy density were significantly overstated; (ii) the Company is unlikely to be able to scale its technology to the multi-layer cell necessary to power electric vehicles; and (iii) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and\/or lacked a reasonable basis.<\/p>\n

On January 4, 2021<\/span>, an article was published on Seeking Alpha.\u00a0 That article pointed to a number of risks associated with QuantumScape’s solid state batteries.\u00a0 These risks 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.”<\/p>\n

On this news, the price of QuantumScape’s shares fell $34.49<\/span> or approximately 40.84% to close at $49.96<\/span> per share on January 4, 2021<\/span>.<\/p>\n

If you wish to serve as lead plaintiff, you must move the Court no later than March 8, 2021<\/span>. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. Your ability to share in any recovery doesn’t require that you serve as lead plaintiff. If you choose to take no action, you may remain an absent class member.<\/p>\n

If you\u00a0purchased QuantumScape securities, and\/or would like to discuss your legal rights and options<\/b>\u00a0please visit\u00a0https:\/\/www.bernlieb.com\/cases\/quantumscapecorporation-qs-shareholder-class-action-lawsuit-stock-fraud-352\/apply\/<\/a> or contact\u00a0Matthew E. Guarnero<\/span><\/a>\u00a0toll free at\u00a0(877) 779-1414<\/b>\u00a0or\u00a0MGuarnero@bernlieb.com<\/a><\/p>\n

Since 1993, Bernstein Liebhard LLP has recovered over $3.5 billion<\/span> 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.<\/p>\n

ATTORNEY ADVERTISING. \u00a9 2021 Bernstein Liebhard LLP. The law firm responsible for this advertisement is Bernstein Liebhard LLP, 10 East 40th Street, New York, New York<\/span> 10016, (212) 779-1414. The lawyer responsible for this advertisement in the State of Connecticut<\/span> is Michael S. Bigin. Prior results do not guarantee or predict a similar outcome with respect to any future matter.<\/p>\n

Contact Information<\/p>\n

\n Matthew E. Guarnero<\/span>
\n
Bernstein Liebhard LLP
https:\/\/www.bernlieb.com<\/a>
(877) 779-1414
MGuarnero@bernlieb.com<\/a><\/p>\n

\u00a0<\/p>\n

\u00a0<\/p>\n

<\/div>\n

\n \"Cision\" View original content to download multimedia:http:\/\/www.prnewswire.com\/news-releases\/qs-investor-alert-bernstein-liebhard-llp-announces-that-a-securities-class-action-lawsuit-has-been-filed-against-quantumscape-corporation-301202134.html<\/a><\/p>\n

SOURCE Bernstein Liebhard LLP<\/p>\n<\/p><\/div>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

PR Newswire NEW YORK, Jan. 6, 2021 \/PRNewswire\/ —\u00a0Bernstein Liebhard, a nationally acclaimed investor rights law firm, announces that a securities class action lawsuit has been filed on behalf of investors who purchased or acquired the securities of QuantumScape Corporation (“QuantumScape” or the “Company”) (NYSE: QS) from December 8, 2020 through December 31, 2020 (the “Class Period”). The lawsuit filed in the United States District Court for the Northern District of California alleges violations of the Securities Exchange Act of 1934. If you\u00a0purchased QuantumScape securities, and\/or would like to discuss your legal rights and options\u00a0please visit\u00a0QuantumScape Shareholder Class Action Lawsuit\u00a0or contact\u00a0Matthew E. Guarnero\u00a0toll free at\u00a0(877) 779-1414\u00a0or\u00a0MGuarnero@bernlieb.com The complaint alleges that throughout the Class Period the Defendants made materially false and\/or … <\/p>\n

Continue reading “QS INVESTOR ALERT: Bernstein Liebhard LLP Announces that a Securities Class Action Lawsuit Has Been Filed Against QuantumScape Corporation”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-409781","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nQS INVESTOR ALERT: Bernstein Liebhard LLP Announces that a Securities Class Action Lawsuit Has Been Filed Against QuantumScape Corporation - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/qs-investor-alert-bernstein-liebhard-llp-announces-that-a-securities-class-action-lawsuit-has-been-filed-against-quantumscape-corporation\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"QS INVESTOR ALERT: Bernstein Liebhard LLP Announces that a Securities Class Action Lawsuit Has Been Filed Against QuantumScape Corporation - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire NEW YORK, Jan. 6, 2021 \/PRNewswire\/ —\u00a0Bernstein Liebhard, a nationally acclaimed investor rights law firm, announces that a securities class action lawsuit has been filed on behalf of investors who purchased or acquired the securities of QuantumScape Corporation (“QuantumScape” or the “Company”) (NYSE: QS) from December 8, 2020 through December 31, 2020 (the “Class Period”). 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Guarnero\u00a0toll free at\u00a0(877) 779-1414\u00a0or\u00a0MGuarnero@bernlieb.com The complaint alleges that throughout the Class Period the Defendants made materially false and\/or … Continue reading "QS INVESTOR ALERT: Bernstein Liebhard LLP Announces that a Securities Class Action Lawsuit Has Been Filed Against QuantumScape Corporation"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/qs-investor-alert-bernstein-liebhard-llp-announces-that-a-securities-class-action-lawsuit-has-been-filed-against-quantumscape-corporation\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-01-06T19:04:20+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/616919\/Bernstein_Liebhard_LLP_Logo.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/qs-investor-alert-bernstein-liebhard-llp-announces-that-a-securities-class-action-lawsuit-has-been-filed-against-quantumscape-corporation\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/qs-investor-alert-bernstein-liebhard-llp-announces-that-a-securities-class-action-lawsuit-has-been-filed-against-quantumscape-corporation\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"QS INVESTOR ALERT: Bernstein Liebhard LLP Announces that a Securities Class Action Lawsuit Has Been Filed Against QuantumScape Corporation\",\"datePublished\":\"2021-01-06T19:04:20+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/qs-investor-alert-bernstein-liebhard-llp-announces-that-a-securities-class-action-lawsuit-has-been-filed-against-quantumscape-corporation\\\/\"},\"wordCount\":585,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/qs-investor-alert-bernstein-liebhard-llp-announces-that-a-securities-class-action-lawsuit-has-been-filed-against-quantumscape-corporation\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/616919\\\/Bernstein_Liebhard_LLP_Logo.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/qs-investor-alert-bernstein-liebhard-llp-announces-that-a-securities-class-action-lawsuit-has-been-filed-against-quantumscape-corporation\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/qs-investor-alert-bernstein-liebhard-llp-announces-that-a-securities-class-action-lawsuit-has-been-filed-against-quantumscape-corporation\\\/\",\"name\":\"QS INVESTOR ALERT: Bernstein Liebhard LLP Announces that a Securities Class Action Lawsuit Has Been Filed Against QuantumScape Corporation - 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