{"id":442113,"date":"2021-02-23T09:35:15","date_gmt":"2021-02-23T14:35:15","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=442113"},"modified":"2021-02-23T09:35:15","modified_gmt":"2021-02-23T14:35:15","slug":"qs-shareholder-deadline-bernstein-liebhard-llp-reminds-investors-of-the-deadline-to-file-a-lead-plaintiff-motion-in-a-securities-class-action-lawsuit-against-quantumscape-corporation-3","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/qs-shareholder-deadline-bernstein-liebhard-llp-reminds-investors-of-the-deadline-to-file-a-lead-plaintiff-motion-in-a-securities-class-action-lawsuit-against-quantumscape-corporation-3\/","title":{"rendered":"QS SHAREHOLDER DEADLINE: Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff Motion In a Securities Class Action Lawsuit Against QuantumScape Corporation"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"left\">NEW YORK, Feb.  23, 2021  (GLOBE NEWSWIRE) &#8212; Bernstein Liebhard, a nationally acclaimed investor rights law firm, reminds investors of the deadline to file a lead plaintiff motion in a securities class action lawsuit that has been filed on behalf of investors who purchased or acquired the securities of QuantumScape Corporation (&#8220;QuantumScape&#8221; or the &#8220;Company&#8221;) (NYSE: QS) from November 27, 2020 through December 31, 2020 (the &#8220;Class Period&#8221;). The lawsuit filed in the United States District Court for the Northern District of California alleges violations of the Securities Exchange Act of 1934.<\/p>\n<p>If you\u00a0<strong>purchased QuantumScape securities, and\/or would like to discuss your legal rights and options<\/strong>\u00a0please visit\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=RHP2elDJiS4LUz5eh0f27rpJaUNOiMv2hvMno-CqexsaAEoWHN1rEMxyMg1tecv_e2R4OvuR0MZriPf3KDSDp6i-e6Ym5h9PEQwsi16F_D_AD7HucTc5mw_Ef_hMlp9fNtHUsk-_-DaVX6jEqGERQuei3e0pIqUw8tujHlxaEeovUK8xzPkK7Xg5eAkXyuSMmokRg_jz5g4TNIUbrFuvL71W_z27wAXusjaWC9m8qoAu5uR3SDJppT1yb1sB-GSL\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">QuantumScape Shareholder Class Action Lawsuit<\/a>\u00a0or contact\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=pG370zdXZXR-TgdYoGggk3JfY11JSl1wD2rXLNEQth4OVsYW-2GXGF0_FdYEy3jqE-1D2u4sP1CqvpzH-TCD3Shd-NQHL4d8eCsyRm6Dhb4=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">Matthew E. Guarnero<\/a>\u00a0toll free at\u00a0<strong>(877) 779-1414<\/strong>\u00a0or\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=SLmt-VafQAxRWmQrQ0X9CND5wbdGpmTRX14gr8yRo5p5zjvDwlkkYzwtyoaKKOBT-PO2jQ_HVxShr3HktTTsg1121rb47PImxqPklxQJ_WE=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">MGuarnero@bernlieb.com<\/a><\/p>\n<p>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\u2019s business, operations, and prospects. Specifically, Defendants failed to disclose to investors that : (i) the Company\u2019s 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\u2019 positive statements about the Company\u2019s business, operations, and prospects were materially misleading and\/or lacked a reasonable basis.<\/p>\n<p>On January 4, 2021, an article was published on Seeking Alpha. That article pointed to a number of risks associated with QuantumScape\u2019s solid state batteries. These risks make QuantumScape\u2019s batteries \u201ccompletely unacceptable for real world field electric vehicles.\u201d The article specifically stated that QuantumScape\u2019s battery\u2019s power meant it would \u201conly last for 260 cycles or about 75,000 miles of aggressive driving.\u201d<\/p>\n<p>On this news, the price of QuantumScape\u2019s shares fell $34.49 or approximately 40.84% to close at $49.96 per share on January 4, 2021.<\/p>\n<p>If you wish to serve as lead plaintiff, you must move the Court no later than March 8, 2021. 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\u2019t require that you serve as lead plaintiff. If you choose to take no action, you may remain an absent class member.<\/p>\n<p>If you\u00a0<strong>purchased QuantumScape securities, and\/or would like to discuss your legal rights and options<\/strong>\u00a0please visit\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=TX_f6NXiFqc0tmnEJHUW3N5lH4LWJq1LKuq1aEEsvx-_4qEE7Wrh-I2NhkLlqvYH_GOXdWa7FKdOreqn7DIUyZHA1rQCkYbDs2vhjj9j58u_QO04s0Go72qy1hSC3y9PR3YfWZj07jC1ohdqVDEni5xoUimYXB-0OUZ0LEXi4-FY-XARSdrHHIneGqsiNDd-nwK8KycfTWtOgNhBSY2Ql5xez0Xk_OMxMahTs0uDfDijFqh87s787DWvp3O2MbrFCzPEdyrSpqUoR7_PW3oRxnYrM6pUdh_3DYB4ieQwvGUW8WQL_uCsFBNlR2YBkVeLjct4jzazy3VS1Z2VVt2-XQ==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">https:\/\/www.bernlieb.com\/cases\/quantumscapecorporation-qs-shareholder-class-action-lawsuit-stock-fraud-352\/apply\/<\/a> or contact\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=pG370zdXZXR-TgdYoGggkylW3LdLIHBmMpbXOYxPnHNzoDVHlPRD7dmeTiWHmRMuwN2KGBfXoMMe53a-BiLMjEWJmsMuzs6VLBQF-XjbDtQ=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">Matthew E. Guarnero<\/a>\u00a0toll free at\u00a0<strong>(877) 779-1414<\/strong>\u00a0or\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=SLmt-VafQAxRWmQrQ0X9CND5wbdGpmTRX14gr8yRo5qGG03wlCJn_Fp5MdGM3MWblG8T1Y8s2c3qyl2nl6dexVxHYshWnOHNlgm4yCnHonY=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">MGuarnero@bernlieb.com<\/a><\/p>\n<p>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\u2019s \u201cPlaintiffs\u2019 Hot List\u201d thirteen times and listed in The Legal 500 for ten consecutive years.<\/p>\n<p>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 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.<\/p>\n<p>Contact Information<\/p>\n<p>Matthew E. Guarnero<br \/>Bernstein Liebhard LLP<br \/>https:\/\/www.bernlieb.com<br \/>(877) 779-1414<br \/>MGuarnero@bernlieb.com<\/p>\n<\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE1NTE3MyMzOTgyMjQxIzIwMjkzNDk=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/bf7c87ec-6d01-4193-a783-04ddce59ee06\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK, Feb. 23, 2021 (GLOBE NEWSWIRE) &#8212; Bernstein Liebhard, a nationally acclaimed investor rights law firm, reminds investors of the deadline to file a lead plaintiff motion in a securities class action lawsuit that has been filed on behalf of investors who purchased or acquired the securities of QuantumScape Corporation (&#8220;QuantumScape&#8221; or the &#8220;Company&#8221;) (NYSE: QS) from November 27, 2020 through December 31, 2020 (the &#8220;Class Period&#8221;). 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 &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/qs-shareholder-deadline-bernstein-liebhard-llp-reminds-investors-of-the-deadline-to-file-a-lead-plaintiff-motion-in-a-securities-class-action-lawsuit-against-quantumscape-corporation-3\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;QS SHAREHOLDER DEADLINE: Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff Motion In a Securities Class Action Lawsuit Against QuantumScape Corporation&#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-442113","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>QS SHAREHOLDER DEADLINE: Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff Motion In a Securities Class Action Lawsuit 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-shareholder-deadline-bernstein-liebhard-llp-reminds-investors-of-the-deadline-to-file-a-lead-plaintiff-motion-in-a-securities-class-action-lawsuit-against-quantumscape-corporation-3\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"QS SHAREHOLDER DEADLINE: Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff Motion In a Securities Class Action Lawsuit Against QuantumScape Corporation - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"NEW YORK, Feb. 23, 2021 (GLOBE NEWSWIRE) &#8212; Bernstein Liebhard, a nationally acclaimed investor rights law firm, reminds investors of the deadline to file a lead plaintiff motion in a securities class action lawsuit that has been filed on behalf of investors who purchased or acquired the securities of QuantumScape Corporation (&#8220;QuantumScape&#8221; or the &#8220;Company&#8221;) (NYSE: QS) from November 27, 2020 through December 31, 2020 (the &#8220;Class Period&#8221;). 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 &hellip; Continue reading &quot;QS SHAREHOLDER DEADLINE: Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff Motion In a Securities Class Action Lawsuit Against QuantumScape Corporation&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/qs-shareholder-deadline-bernstein-liebhard-llp-reminds-investors-of-the-deadline-to-file-a-lead-plaintiff-motion-in-a-securities-class-action-lawsuit-against-quantumscape-corporation-3\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-02-23T14:35:15+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE1NTE3MyMzOTgyMjQxIzIwMjkzNDk=\" \/>\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-shareholder-deadline-bernstein-liebhard-llp-reminds-investors-of-the-deadline-to-file-a-lead-plaintiff-motion-in-a-securities-class-action-lawsuit-against-quantumscape-corporation-3\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/qs-shareholder-deadline-bernstein-liebhard-llp-reminds-investors-of-the-deadline-to-file-a-lead-plaintiff-motion-in-a-securities-class-action-lawsuit-against-quantumscape-corporation-3\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"QS SHAREHOLDER DEADLINE: Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff Motion In a Securities Class Action Lawsuit Against QuantumScape Corporation\",\"datePublished\":\"2021-02-23T14:35:15+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/qs-shareholder-deadline-bernstein-liebhard-llp-reminds-investors-of-the-deadline-to-file-a-lead-plaintiff-motion-in-a-securities-class-action-lawsuit-against-quantumscape-corporation-3\\\/\"},\"wordCount\":593,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/qs-shareholder-deadline-bernstein-liebhard-llp-reminds-investors-of-the-deadline-to-file-a-lead-plaintiff-motion-in-a-securities-class-action-lawsuit-against-quantumscape-corporation-3\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODE1NTE3MyMzOTgyMjQxIzIwMjkzNDk=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/qs-shareholder-deadline-bernstein-liebhard-llp-reminds-investors-of-the-deadline-to-file-a-lead-plaintiff-motion-in-a-securities-class-action-lawsuit-against-quantumscape-corporation-3\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/qs-shareholder-deadline-bernstein-liebhard-llp-reminds-investors-of-the-deadline-to-file-a-lead-plaintiff-motion-in-a-securities-class-action-lawsuit-against-quantumscape-corporation-3\\\/\",\"name\":\"QS SHAREHOLDER DEADLINE: Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff Motion In a Securities Class Action Lawsuit Against QuantumScape Corporation - 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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\/qs-shareholder-deadline-bernstein-liebhard-llp-reminds-investors-of-the-deadline-to-file-a-lead-plaintiff-motion-in-a-securities-class-action-lawsuit-against-quantumscape-corporation-3\/","og_locale":"en_US","og_type":"article","og_title":"QS SHAREHOLDER DEADLINE: Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff Motion In a Securities Class Action Lawsuit Against QuantumScape Corporation - Market Newsdesk","og_description":"NEW YORK, Feb. 23, 2021 (GLOBE NEWSWIRE) &#8212; Bernstein Liebhard, a nationally acclaimed investor rights law firm, reminds investors of the deadline to file a lead plaintiff motion in a securities class action lawsuit that has been filed on behalf of investors who purchased or acquired the securities of QuantumScape Corporation (&#8220;QuantumScape&#8221; or the &#8220;Company&#8221;) (NYSE: QS) from November 27, 2020 through December 31, 2020 (the &#8220;Class Period&#8221;). 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 &hellip; Continue reading \"QS SHAREHOLDER DEADLINE: Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff Motion In a Securities Class Action Lawsuit Against QuantumScape Corporation\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/qs-shareholder-deadline-bernstein-liebhard-llp-reminds-investors-of-the-deadline-to-file-a-lead-plaintiff-motion-in-a-securities-class-action-lawsuit-against-quantumscape-corporation-3\/","og_site_name":"Market Newsdesk","article_published_time":"2021-02-23T14:35:15+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE1NTE3MyMzOTgyMjQxIzIwMjkzNDk=","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\/qs-shareholder-deadline-bernstein-liebhard-llp-reminds-investors-of-the-deadline-to-file-a-lead-plaintiff-motion-in-a-securities-class-action-lawsuit-against-quantumscape-corporation-3\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/qs-shareholder-deadline-bernstein-liebhard-llp-reminds-investors-of-the-deadline-to-file-a-lead-plaintiff-motion-in-a-securities-class-action-lawsuit-against-quantumscape-corporation-3\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"QS SHAREHOLDER DEADLINE: Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff Motion In a Securities Class Action Lawsuit Against QuantumScape Corporation","datePublished":"2021-02-23T14:35:15+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/qs-shareholder-deadline-bernstein-liebhard-llp-reminds-investors-of-the-deadline-to-file-a-lead-plaintiff-motion-in-a-securities-class-action-lawsuit-against-quantumscape-corporation-3\/"},"wordCount":593,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/qs-shareholder-deadline-bernstein-liebhard-llp-reminds-investors-of-the-deadline-to-file-a-lead-plaintiff-motion-in-a-securities-class-action-lawsuit-against-quantumscape-corporation-3\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE1NTE3MyMzOTgyMjQxIzIwMjkzNDk=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/qs-shareholder-deadline-bernstein-liebhard-llp-reminds-investors-of-the-deadline-to-file-a-lead-plaintiff-motion-in-a-securities-class-action-lawsuit-against-quantumscape-corporation-3\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/qs-shareholder-deadline-bernstein-liebhard-llp-reminds-investors-of-the-deadline-to-file-a-lead-plaintiff-motion-in-a-securities-class-action-lawsuit-against-quantumscape-corporation-3\/","name":"QS SHAREHOLDER DEADLINE: Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff Motion In a Securities Class Action Lawsuit Against QuantumScape Corporation - 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