{"id":413305,"date":"2021-01-12T11:03:12","date_gmt":"2021-01-12T16:03:12","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=413305"},"modified":"2021-01-12T11:03:12","modified_gmt":"2021-01-12T16:03:12","slug":"qs-investor-alert-bronstein-gewirtz-grossman-llc-notifies-quantumscape-corporation-shareholders-with-losses-exceeding-100k-of-class-action-and-encourages-shareholders-to-contact-the-firm","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/qs-investor-alert-bronstein-gewirtz-grossman-llc-notifies-quantumscape-corporation-shareholders-with-losses-exceeding-100k-of-class-action-and-encourages-shareholders-to-contact-the-firm\/","title":{"rendered":"QS Investor Alert: Bronstein, Gewirtz &amp; Grossman, LLC Notifies QuantumScape Corporation Shareholders With Losses Exceeding $100K of Class Action and Encourages Shareholders to Contact the Firm"},"content":{"rendered":"<div class=\"mw_release\">\n<p>NEW YORK, Jan.  12, 2021  (GLOBE NEWSWIRE) &#8212; Attorney Advertising &#8212; Bronstein, Gewirtz &amp; Grossman, LLC notifies investors that a class action lawsuit has been filed against\u00a0QuantumScape Corporation (&#8220;QuantumScape&#8221; or &#8220;the Company&#8221;) \u00a0f\/k\/a Kensington Capital Acquisition Corp. (NYSE: QS) and certain of its officers, on behalf of shareholders who purchased or otherwise acquired QuantumScape securities between November 27, 2020 and December 31, 2020,\u00a0inclusive (the \u201cClass Period\u201d).\u00a0Such investors are encouraged to join this case by visiting the firm\u2019s site: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=WW38dR_hJmndyvkSKdQGub8jYlAePlMlwnLK62fzTCBTKDJsTTmK4IXw4Fjd0k48LgY--6jNz-tf974ZXfXlvA==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.bgandg.com\/qs<\/a>.<\/p>\n<p>This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934.<\/p>\n<p>The complaint alleges that throughout the class period, Defendants made false and\/or misleading statements and\/or failed to disclose that: (1) that the Company\u2019s purported success related to its solid-state battery power, battery life, and energy density were significantly overstated; (2) that the Company is unlikely to be able to scale its technology to the multi-layer cell necessary to power electric vehicles; and (3) that, as a result of the foregoing, Defendants\u2019 positive statements about the Company\u2019s business, operations, and prospects were materially misleading and\/or lacked a reasonable basis.<\/p>\n<p>A class action lawsuit has already been filed. If you wish to review a copy of the Complaint you can visit the firm\u2019s site: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=WW38dR_hJmndyvkSKdQGuXYW9HTydkTTlWs4N5Y4tQnNJXG-vB8wOqVZS4sR-D0DY_0dvXqHWN9W7IIBkx316Q==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.bgandg.com\/qs<\/a> or you may contact Peretz Bronstein, Esq. or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz &amp; Grossman, LLC at 212-697-6484. If you suffered a loss in QuantumScape you have until March 8, 2021 to request that the Court appoint you as lead plaintiff.\u00a0 Your ability to share in any recovery doesn&#8217;t require that you serve as a lead plaintiff.<\/p>\n<p>Bronstein, Gewirtz &amp; Grossman, LLC is a corporate litigation boutique.\u00a0 Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients.\u00a0 In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm\u2019s expertise includes general corporate and commercial litigation, as well as securities arbitration.\u00a0 \u00a0Attorney advertising. Prior results do not guarantee similar outcomes.<\/p>\n<p>Contact:<br \/>Bronstein, Gewirtz &amp; Grossman, LLC<br \/>Peretz Bronstein or Yael Hurwitz <br \/>212-697-6484 | <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=kdPUdH0gjWYGy8th7nSNB4t9fVPgZ4bRlAEjmQqpm5gVXFvMiR5ft6mqkvW1Y9m5MI3PTYvbJ9fJD4VNLhlqRw==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">info@bgandg.com<\/a><\/p>\n<\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODEyMzIzMCMzOTExODEzIzIwMTc2OTA=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/525bda37-da45-491f-9faf-f26283f2374e\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK, Jan. 12, 2021 (GLOBE NEWSWIRE) &#8212; Attorney Advertising &#8212; Bronstein, Gewirtz &amp; Grossman, LLC notifies investors that a class action lawsuit has been filed against\u00a0QuantumScape Corporation (&#8220;QuantumScape&#8221; or &#8220;the Company&#8221;) \u00a0f\/k\/a Kensington Capital Acquisition Corp. (NYSE: QS) and certain of its officers, on behalf of shareholders who purchased or otherwise acquired QuantumScape securities between November 27, 2020 and December 31, 2020,\u00a0inclusive (the \u201cClass Period\u201d).\u00a0Such investors are encouraged to join this case by visiting the firm\u2019s site: www.bgandg.com\/qs. This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934. The complaint alleges that throughout the class period, Defendants made false and\/or misleading statements and\/or failed to &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/qs-investor-alert-bronstein-gewirtz-grossman-llc-notifies-quantumscape-corporation-shareholders-with-losses-exceeding-100k-of-class-action-and-encourages-shareholders-to-contact-the-firm\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;QS Investor Alert: Bronstein, Gewirtz &amp; Grossman, LLC Notifies QuantumScape Corporation Shareholders With Losses Exceeding $100K of Class Action and Encourages Shareholders to Contact the Firm&#8221;<\/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-413305","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>QS Investor Alert: Bronstein, Gewirtz &amp; Grossman, LLC Notifies QuantumScape Corporation Shareholders With Losses Exceeding $100K of Class Action and Encourages Shareholders to Contact the Firm - 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-bronstein-gewirtz-grossman-llc-notifies-quantumscape-corporation-shareholders-with-losses-exceeding-100k-of-class-action-and-encourages-shareholders-to-contact-the-firm\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"QS Investor Alert: Bronstein, Gewirtz &amp; Grossman, LLC Notifies QuantumScape Corporation Shareholders With Losses Exceeding $100K of Class Action and Encourages Shareholders to Contact the Firm - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"NEW YORK, Jan. 12, 2021 (GLOBE NEWSWIRE) &#8212; Attorney Advertising &#8212; Bronstein, Gewirtz &amp; Grossman, LLC notifies investors that a class action lawsuit has been filed against\u00a0QuantumScape Corporation (&#8220;QuantumScape&#8221; or &#8220;the Company&#8221;) \u00a0f\/k\/a Kensington Capital Acquisition Corp. (NYSE: QS) and certain of its officers, on behalf of shareholders who purchased or otherwise acquired QuantumScape securities between November 27, 2020 and December 31, 2020,\u00a0inclusive (the \u201cClass Period\u201d).\u00a0Such investors are encouraged to join this case by visiting the firm\u2019s site: www.bgandg.com\/qs. This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934. The complaint alleges that throughout the class period, Defendants made false and\/or misleading statements and\/or failed to &hellip; Continue reading &quot;QS Investor Alert: Bronstein, Gewirtz &amp; Grossman, LLC Notifies QuantumScape Corporation Shareholders With Losses Exceeding $100K of Class Action and Encourages Shareholders to Contact the Firm&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/qs-investor-alert-bronstein-gewirtz-grossman-llc-notifies-quantumscape-corporation-shareholders-with-losses-exceeding-100k-of-class-action-and-encourages-shareholders-to-contact-the-firm\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-01-12T16:03:12+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODEyMzIzMCMzOTExODEzIzIwMTc2OTA=\" \/>\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=\"2 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-bronstein-gewirtz-grossman-llc-notifies-quantumscape-corporation-shareholders-with-losses-exceeding-100k-of-class-action-and-encourages-shareholders-to-contact-the-firm\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/qs-investor-alert-bronstein-gewirtz-grossman-llc-notifies-quantumscape-corporation-shareholders-with-losses-exceeding-100k-of-class-action-and-encourages-shareholders-to-contact-the-firm\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"QS Investor Alert: Bronstein, Gewirtz &amp; 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or &#8220;the Company&#8221;) \u00a0f\/k\/a Kensington Capital Acquisition Corp. (NYSE: QS) and certain of its officers, on behalf of shareholders who purchased or otherwise acquired QuantumScape securities between November 27, 2020 and December 31, 2020,\u00a0inclusive (the \u201cClass Period\u201d).\u00a0Such investors are encouraged to join this case by visiting the firm\u2019s site: www.bgandg.com\/qs. This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934. The complaint alleges that throughout the class period, Defendants made false and\/or misleading statements and\/or failed to &hellip; Continue reading \"QS Investor Alert: Bronstein, Gewirtz &amp; Grossman, LLC Notifies QuantumScape Corporation Shareholders With Losses Exceeding $100K of Class Action and Encourages Shareholders to Contact the Firm\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/qs-investor-alert-bronstein-gewirtz-grossman-llc-notifies-quantumscape-corporation-shareholders-with-losses-exceeding-100k-of-class-action-and-encourages-shareholders-to-contact-the-firm\/","og_site_name":"Market Newsdesk","article_published_time":"2021-01-12T16:03:12+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODEyMzIzMCMzOTExODEzIzIwMTc2OTA=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/qs-investor-alert-bronstein-gewirtz-grossman-llc-notifies-quantumscape-corporation-shareholders-with-losses-exceeding-100k-of-class-action-and-encourages-shareholders-to-contact-the-firm\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/qs-investor-alert-bronstein-gewirtz-grossman-llc-notifies-quantumscape-corporation-shareholders-with-losses-exceeding-100k-of-class-action-and-encourages-shareholders-to-contact-the-firm\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"QS Investor Alert: Bronstein, Gewirtz &amp; 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