{"id":416119,"date":"2021-01-16T15:03:23","date_gmt":"2021-01-16T20:03:23","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=416119"},"modified":"2021-01-16T15:03:23","modified_gmt":"2021-01-16T20:03:23","slug":"rosen-leading-global-investor-counsel-reminds-quantumscape-corporation-investors-of-important-march-8-deadline-in-securities-class-action-encourages-investors-with-losses-in-excess-of-100k-to-cont","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/rosen-leading-global-investor-counsel-reminds-quantumscape-corporation-investors-of-important-march-8-deadline-in-securities-class-action-encourages-investors-with-losses-in-excess-of-100k-to-cont\/","title":{"rendered":"ROSEN, LEADING GLOBAL INVESTOR COUNSEL, Reminds QuantumScape Corporation Investors of Important March 8 Deadline in Securities Class Action; Encourages Investors with Losses in Excess of $100K to Contact Firm &#8211; QS"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">NEW YORK<\/span>, <span class=\"xn-chron\">Jan. 16, 2021<\/span> \/PRNewswire\/ &#8212;\u00a0Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of QuantumScape Corporation (NYSE: QS) between <span class=\"xn-chron\">November 27, 2020<\/span> and <span class=\"xn-chron\">December 31, 2020<\/span>, inclusive (the &#8220;Class Period&#8221;) of the important <span class=\"xn-chron\">March 8, 2021<\/span> lead plaintiff deadline in the case. The lawsuit seeks to recover damages for QuantumScape investors under the federal securities laws.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/405060\/Rosen_Law_Logo.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/405060\/Rosen_Law_Logo.jpg\" title=\"Rosen Law Firm, P.A. Logo\" alt=\"Rosen Law Firm, P.A. Logo\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>To join the QuantumScape class action, go to <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3039397-1&amp;h=3972942310&amp;u=http%3A%2F%2Fwww.rosenlegal.com%2Fcases-register-2017.html&amp;a=http%3A%2F%2Fwww.rosenlegal.com%2Fcases-register-2017.html\" rel=\"nofollow noopener noreferrer\">http:\/\/www.rosenlegal.com\/cases-register-2017.html<\/a> or call <span class=\"xn-person\">Phillip Kim, Esq.<\/span> toll-free at 866-767-3653 or email <a target=\"_blank\" href=\"mailto:pkim@rosenlegal.com\" rel=\"nofollow noopener noreferrer\">pkim@rosenlegal.com<\/a> or <a target=\"_blank\" href=\"mailto:cases@rosenlegal.com\" rel=\"nofollow noopener noreferrer\">cases@rosenlegal.com<\/a> for information on the class action. <\/p>\n<p>According to the lawsuit, defendants throughout the Class Period made false and\/or misleading statements and\/or failed to disclose that: (1) the Company&#8217;s purported success related to its solid-state battery power, battery life, and energy density were significantly overstated; (2) the Company&#8217;s battery technology was not sufficient for electric vehicle performance as it would not be able to withstand the aggressive automotive environment; (3) the Company&#8217;s battery technology likely provided no meaningful improvement over existing battery technology;\u00a0(4) the Company is unlikely to be able to scale its technology to the multi-layer cell necessary to power electric vehicles (5) the successful commercialization of the Company&#8217;s battery technology was subject to much more significant risks and uncertainties than defendants had disclosed; and (6) as a result of the foregoing, defendants materially overstated the value and prospects of the Company&#8217;s battery technology.\u00a0When the true details entered the market, the lawsuit claims that investors suffered damages.<\/p>\n<p>A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court <b>no later than <span class=\"xn-chron\">March 8, 2021<\/span><\/b>. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the litigation, go to <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3039397-1&amp;h=3972942310&amp;u=http%3A%2F%2Fwww.rosenlegal.com%2Fcases-register-2017.html&amp;a=http%3A%2F%2Fwww.rosenlegal.com%2Fcases-register-2017.html\" rel=\"nofollow noopener noreferrer\">http:\/\/www.rosenlegal.com\/cases-register-2017.html<\/a> or to discuss your rights or interests regarding this class action, please contact <span class=\"xn-person\">Phillip Kim, Esq.<\/span> of Rosen Law Firm toll free at 866-767-3653 or via e-mail at <a target=\"_blank\" href=\"mailto:pkim@rosenlegal.com\" rel=\"nofollow noopener noreferrer\">pkim@rosenlegal.com<\/a> or <a target=\"_blank\" href=\"mailto:cases@rosenlegal.com\" rel=\"nofollow noopener noreferrer\">cases@rosenlegal.com<\/a>.<\/p>\n<p>NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY RETAIN COUNSEL OF YOUR CHOICE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. AN INVESTOR&#8217;S ABILITY TO SHARE IN ANY POTENTIAL FUTURE RECOVERY IS NOT DEPENDENT UPON SERVING AS LEAD PLAINTIFF.<\/p>\n<p>Follow us for updates on LinkedIn: <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3039397-1&amp;h=3766854997&amp;u=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fthe-rosen-law-firm&amp;a=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fthe-rosen-law-firm\" rel=\"nofollow noopener noreferrer\">https:\/\/www.linkedin.com\/company\/the-rosen-law-firm<\/a>, on Twitter: <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3039397-1&amp;h=3672239873&amp;u=https%3A%2F%2Ftwitter.com%2Frosen_firm&amp;a=https%3A%2F%2Ftwitter.com%2Frosen_firm\" rel=\"nofollow noopener noreferrer\">https:\/\/twitter.com\/rosen_firm<\/a> or on Facebook: <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3039397-1&amp;h=719119916&amp;u=https%3A%2F%2Fwww.facebook.com%2Frosenlawfirm%2F&amp;a=https%3A%2F%2Fwww.facebook.com%2Frosenlawfirm%2F\" rel=\"nofollow noopener noreferrer\">https:\/\/www.facebook.com\/rosenlawfirm\/<\/a>. <\/p>\n<p>Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm&#8217;s attorneys are ranked and recognized by numerous independent and respected sources. Rosen Law Firm has secured hundreds of millions of dollars for investors. Attorney Advertising. Prior results do not guarantee a similar outcome.<\/p>\n<p>Contact Information:<\/p>\n<p>\u00a0\u00a0\u00a0\u00a0\u00a0 <span class=\"xn-person\">Laurence Rosen, Esq.<\/span><br \/>\u00a0\u00a0\u00a0\u00a0\u00a0 <span class=\"xn-person\">Phillip Kim, Esq.<\/span><br \/>\u00a0\u00a0\u00a0\u00a0\u00a0 The Rosen Law Firm, P.A.<br \/>\u00a0\u00a0\u00a0\u00a0\u00a0 275 Madison Avenue, 40th Floor<br \/>\u00a0\u00a0\u00a0\u00a0\u00a0 <span class=\"xn-location\">New York, NY<\/span> 10016<br \/>\u00a0\u00a0\u00a0\u00a0\u00a0 Tel: (212) 686-1060<br \/>\u00a0\u00a0\u00a0\u00a0\u00a0 Toll Free: (866) 767-3653<br \/>\u00a0\u00a0\u00a0\u00a0\u00a0 Fax: (212) 202-3827<br \/>\u00a0\u00a0\u00a0\u00a0\u00a0 <a target=\"_blank\" href=\"mailto:lrosen@rosenlegal.com\" rel=\"nofollow noopener noreferrer\">lrosen@rosenlegal.com<\/a><br \/>\u00a0\u00a0\u00a0\u00a0\u00a0 <a target=\"_blank\" href=\"mailto:pkim@rosenlegal.com\" rel=\"nofollow noopener noreferrer\">pkim@rosenlegal.com<\/a><br \/>\u00a0\u00a0\u00a0\u00a0\u00a0 <a target=\"_blank\" href=\"mailto:cases@rosenlegal.com\" rel=\"nofollow noopener noreferrer\">cases@rosenlegal.com<\/a><br \/>\u00a0\u00a0\u00a0\u00a0\u00a0 <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3039397-1&amp;h=3070593229&amp;u=http%3A%2F%2Fwww.rosenlegal.com%2F&amp;a=www.rosenlegal.com\" rel=\"nofollow noopener noreferrer\">www.rosenlegal.com<\/a><\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\"><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=DC50938&amp;sd=2021-01-16\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/rosen-leading-global-investor-counsel-reminds-quantumscape-corporation-investors-of-important-march-8-deadline-in-securities-class-action-encourages-investors-with-losses-in-excess-of-100k-to-contact-firm--qs-301209611.html\">http:\/\/www.prnewswire.com\/news-releases\/rosen-leading-global-investor-counsel-reminds-quantumscape-corporation-investors-of-important-march-8-deadline-in-securities-class-action-encourages-investors-with-losses-in-excess-of-100k-to-contact-firm&#8211;qs-301209611.html<\/a><\/p>\n<p>SOURCE  Rosen Law Firm, P.A.<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=DC50938&amp;Transmission_Id=202101161500PR_NEWS_USPR_____DC50938&amp;DateId=20210116\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire NEW YORK, Jan. 16, 2021 \/PRNewswire\/ &#8212;\u00a0Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of QuantumScape Corporation (NYSE: QS) between November 27, 2020 and December 31, 2020, inclusive (the &#8220;Class Period&#8221;) of the important March 8, 2021 lead plaintiff deadline in the case. The lawsuit seeks to recover damages for QuantumScape investors under the federal securities laws. To join the QuantumScape class action, go to http:\/\/www.rosenlegal.com\/cases-register-2017.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. According to the lawsuit, defendants throughout the Class Period made false and\/or misleading statements and\/or failed to disclose that: (1) the Company&#8217;s purported success related to its &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/rosen-leading-global-investor-counsel-reminds-quantumscape-corporation-investors-of-important-march-8-deadline-in-securities-class-action-encourages-investors-with-losses-in-excess-of-100k-to-cont\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;ROSEN, LEADING GLOBAL INVESTOR COUNSEL, Reminds QuantumScape Corporation Investors of Important March 8 Deadline in Securities Class Action; Encourages Investors with Losses in Excess of $100K to Contact Firm &#8211; QS&#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-416119","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>ROSEN, LEADING GLOBAL INVESTOR COUNSEL, Reminds QuantumScape Corporation Investors of Important March 8 Deadline in Securities Class Action; Encourages Investors with Losses in Excess of $100K to Contact Firm - QS - 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\/rosen-leading-global-investor-counsel-reminds-quantumscape-corporation-investors-of-important-march-8-deadline-in-securities-class-action-encourages-investors-with-losses-in-excess-of-100k-to-cont\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ROSEN, LEADING GLOBAL INVESTOR COUNSEL, Reminds QuantumScape Corporation Investors of Important March 8 Deadline in Securities Class Action; Encourages Investors with Losses in Excess of $100K to Contact Firm - QS - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire NEW YORK, Jan. 16, 2021 \/PRNewswire\/ &#8212;\u00a0Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of QuantumScape Corporation (NYSE: QS) between November 27, 2020 and December 31, 2020, inclusive (the &#8220;Class Period&#8221;) of the important March 8, 2021 lead plaintiff deadline in the case. The lawsuit seeks to recover damages for QuantumScape investors under the federal securities laws. To join the QuantumScape class action, go to http:\/\/www.rosenlegal.com\/cases-register-2017.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. According to the lawsuit, defendants throughout the Class Period made false and\/or misleading statements and\/or failed to disclose that: (1) the Company&#8217;s purported success related to its &hellip; Continue reading &quot;ROSEN, LEADING GLOBAL INVESTOR COUNSEL, Reminds QuantumScape Corporation Investors of Important March 8 Deadline in Securities Class Action; Encourages Investors with Losses in Excess of $100K to Contact Firm &#8211; QS&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/rosen-leading-global-investor-counsel-reminds-quantumscape-corporation-investors-of-important-march-8-deadline-in-securities-class-action-encourages-investors-with-losses-in-excess-of-100k-to-cont\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-01-16T20:03:23+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/405060\/Rosen_Law_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\\\/rosen-leading-global-investor-counsel-reminds-quantumscape-corporation-investors-of-important-march-8-deadline-in-securities-class-action-encourages-investors-with-losses-in-excess-of-100k-to-cont\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rosen-leading-global-investor-counsel-reminds-quantumscape-corporation-investors-of-important-march-8-deadline-in-securities-class-action-encourages-investors-with-losses-in-excess-of-100k-to-cont\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"ROSEN, LEADING GLOBAL INVESTOR COUNSEL, Reminds QuantumScape Corporation Investors of Important March 8 Deadline in Securities Class Action; 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Encourages Investors with Losses in Excess of $100K to Contact Firm - QS - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/rosen-leading-global-investor-counsel-reminds-quantumscape-corporation-investors-of-important-march-8-deadline-in-securities-class-action-encourages-investors-with-losses-in-excess-of-100k-to-cont\/","og_locale":"en_US","og_type":"article","og_title":"ROSEN, LEADING GLOBAL INVESTOR COUNSEL, Reminds QuantumScape Corporation Investors of Important March 8 Deadline in Securities Class Action; Encourages Investors with Losses in Excess of $100K to Contact Firm - QS - Market Newsdesk","og_description":"PR Newswire NEW YORK, Jan. 16, 2021 \/PRNewswire\/ &#8212;\u00a0Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of QuantumScape Corporation (NYSE: QS) between November 27, 2020 and December 31, 2020, inclusive (the &#8220;Class Period&#8221;) of the important March 8, 2021 lead plaintiff deadline in the case. The lawsuit seeks to recover damages for QuantumScape investors under the federal securities laws. To join the QuantumScape class action, go to http:\/\/www.rosenlegal.com\/cases-register-2017.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. According to the lawsuit, defendants throughout the Class Period made false and\/or misleading statements and\/or failed to disclose that: (1) the Company&#8217;s purported success related to its &hellip; Continue reading \"ROSEN, LEADING GLOBAL INVESTOR COUNSEL, Reminds QuantumScape Corporation Investors of Important March 8 Deadline in Securities Class Action; Encourages Investors with Losses in Excess of $100K to Contact Firm &#8211; QS\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/rosen-leading-global-investor-counsel-reminds-quantumscape-corporation-investors-of-important-march-8-deadline-in-securities-class-action-encourages-investors-with-losses-in-excess-of-100k-to-cont\/","og_site_name":"Market Newsdesk","article_published_time":"2021-01-16T20:03:23+00:00","og_image":[{"url":"https:\/\/mma.prnewswire.com\/media\/405060\/Rosen_Law_Logo.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/rosen-leading-global-investor-counsel-reminds-quantumscape-corporation-investors-of-important-march-8-deadline-in-securities-class-action-encourages-investors-with-losses-in-excess-of-100k-to-cont\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/rosen-leading-global-investor-counsel-reminds-quantumscape-corporation-investors-of-important-march-8-deadline-in-securities-class-action-encourages-investors-with-losses-in-excess-of-100k-to-cont\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"ROSEN, LEADING GLOBAL INVESTOR COUNSEL, Reminds QuantumScape Corporation Investors of Important March 8 Deadline in Securities Class Action; 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