{"id":415154,"date":"2021-01-14T11:03:33","date_gmt":"2021-01-14T16:03:33","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=415154"},"modified":"2021-01-14T11:03:33","modified_gmt":"2021-01-14T16:03:33","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-2","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-2\/","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":"<p>        <!--body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p><b>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<\/b><\/p>\n<p>NEW YORK&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nBronstein, Gewirtz &amp; Grossman, LLC notifies investors that a class action lawsuit has been filed against QuantumScape Corporation<b \/>(&#8220;QuantumScape&#8221; or &#8220;the Company&#8221;) f\/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,<b \/>2020, inclusive (the \u201cClass Period\u201d). Such investors are encouraged to join this case by visiting the firm\u2019s site: <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.bgandg.com%2Fqs&amp;esheet=52359219&amp;newsitemid=20210114005009&amp;lan=en-US&amp;anchor=www.bgandg.com%2Fqs&amp;index=1&amp;md5=f9cf9961b43e739fd22e9c64af0b749e\">www.bgandg.com\/qs<\/a>.\n<\/p>\n<p><span style=\"font-weight:normal\">This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934. <\/span><\/p>\n<p>\nThe 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.\n<\/p>\n<p><span style=\"font-weight:normal\">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 rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.bgandg.com%2Fqs&amp;esheet=52359219&amp;newsitemid=20210114005009&amp;lan=en-US&amp;anchor=www.bgandg.com%2Fqs&amp;index=2&amp;md5=9afaffbad73d536411bdb602bccf62bb\">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. Your ability to share in any recovery doesn&#8217;t require that you serve as a lead plaintiff. <\/span><\/p>\n<p>\nBronstein, Gewirtz &amp; Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. 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. Attorney advertising. Prior results do not guarantee similar outcomes.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210114005009r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20210114005009\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210114005009\/en\/<\/a><\/span><\/p>\n<p>\nBronstein, Gewirtz &amp; Grossman, LLC<br \/>\n<br \/>Peretz Bronstein or Yael Hurwitz<br \/>\n<br \/>212-697-6484 | <a rel=\"nofollow\" href=\"mailto:info@bgandg.com\">info@bgandg.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America New York<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Legal Professional Services<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20210114005009\/en\/779279\/3\/Screen_Shot_2020-03-10_at_10.22.21_AM.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>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 NEW YORK&#8211;(BUSINESS WIRE)&#8211; Bronstein, Gewirtz &amp; Grossman, LLC notifies investors that a class action lawsuit has been filed against QuantumScape Corporation(&#8220;QuantumScape&#8221; or &#8220;the Company&#8221;) f\/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, inclusive (the \u201cClass Period\u201d). Such 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 &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-2\/\" 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-415154","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-2\/\" \/>\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=\"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 NEW YORK&#8211;(BUSINESS WIRE)&#8211; Bronstein, Gewirtz &amp; Grossman, LLC notifies investors that a class action lawsuit has been filed against QuantumScape Corporation(&#8220;QuantumScape&#8221; or &#8220;the Company&#8221;) f\/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, inclusive (the \u201cClass Period\u201d). Such 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 &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-2\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-01-14T16:03:33+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210114005009r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\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-2\\\/#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-2\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"QS Investor Alert: Bronstein, Gewirtz &amp; 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Bronstein, Gewirtz &amp; Grossman, LLC notifies investors that a class action lawsuit has been filed against QuantumScape Corporation(&#8220;QuantumScape&#8221; or &#8220;the Company&#8221;) f\/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, inclusive (the \u201cClass Period\u201d). Such investors are encouraged to join this case by visiting the firm\u2019s site: www.bgandg.com\/qs. 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