{"id":452131,"date":"2021-03-05T22:53:14","date_gmt":"2021-03-06T03:53:14","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=452131"},"modified":"2021-03-05T22:53:14","modified_gmt":"2021-03-06T03:53:14","slug":"quantumscape-72-hour-deadline-alert-former-louisiana-attorney-general-and-kahn-swick-foti-llc-remind-investors-with-losses-in-excess-of-100000-of-deadline-in-class-action-lawsuits-against-qu","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/quantumscape-72-hour-deadline-alert-former-louisiana-attorney-general-and-kahn-swick-foti-llc-remind-investors-with-losses-in-excess-of-100000-of-deadline-in-class-action-lawsuits-against-qu\/","title":{"rendered":"QUANTUMSCAPE 72 HOUR DEADLINE ALERT: Former Louisiana Attorney General and Kahn Swick & Foti, LLC Remind Investors With Losses in Excess of $100,000 of Deadline in Class Action Lawsuits Against QuantumScape Corporation – QS"},"content":{"rendered":"

<\/p>\n

\nQUANTUMSCAPE 72 HOUR DEADLINE ALERT: Former Louisiana Attorney General and Kahn Swick & Foti, LLC Remind Investors With Losses in Excess of $100,000 of Deadline in Class Action Lawsuits Against QuantumScape Corporation – QS\n<\/p>\n

NEW ORLEANS–(BUSINESS WIRE<\/a>)–
\nKahn Swick & Foti, LLC (“KSF”) and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have only until March 8, 2021<\/span><\/b> to file lead plaintiff applications in securities class action lawsuits against QuantumScape Corporation (NYSE: QS), if they purchased the Company\u2019s securities between November 27, 2020 and December 31, 2020, inclusive (the \u201cClass Period\u201d). These actions are pending in the United States District Courts for the Northern District of California and Southern District of Illinois.\n<\/p>\n

\nWhat You May Do\n<\/p>\n

\nIf you purchased securities of QuantumScape and would like to discuss your legal rights and how these cases might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email (lewis.kahn@ksfcounsel.com<\/a>), or visit https:\/\/www.ksfcounsel.com\/cases\/nyse-qs\/<\/a> to learn more. If you wish to serve as a lead plaintiff in these class actions by overseeing lead counsel with the goal of obtaining a fair and just resolution, you must request this position by application to the Court by March 8, 2021<\/span><\/b>.\n<\/p>\n

\nAbout the Lawsuit\n<\/p>\n

\nQuantumScape and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.\n<\/p>\n

\nOn January 4, 2021, before market open, an investigative report issued by Seeking Alpha<\/i> highlighted numerous measures of subpar performance discovered in the Company\u2019s solid state battery products that rendered them \u201ccompletely unacceptable for real world field electric vehicle performance,\u201d contrary to the Company\u2019s prior statements touting its battery\u2019s performance data, as well as other significant challenges \u201cto be overcome before they can put the first car in the field\u2026that they have not solved yet and so remain silent about.\u201d\n<\/p>\n

\nOn this news, the price of QuantumScape\u2019s shares plummeted to a close of $49.96 per share on January 4, 2021, a one-day decline of 41% and a decline of more than 62% from the stock\u2019s Class Period high of more than $131 per share on December 22, 2020.\n<\/p>\n

\nThe first-filed case is Malriat v. QuantumScape Corporation<\/i>, 21-cv-00058.\n<\/p>\n

\nAbout Kahn Swick & Foti, LLC\n<\/p>\n

\nKSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation\u2019s premier boutique securities litigation law firms. KSF serves a variety of clients \u2013 including public institutional investors, hedge funds, money managers and retail investors \u2013 in seeking to recover investment losses due to corporate fraud and malfeasance by publicly traded companies. KSF has offices in New York, California and Louisiana.\n<\/p>\n

\nTo learn more about KSF, you may visit www.ksfcounsel.com<\/a>.\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20210305005604\/en\/<\/a><\/span><\/p>\n

\nKahn Swick & Foti, LLC
\n
Lewis Kahn, Managing Partner
\n
lewis.kahn@ksfcounsel.com
\n<\/a>
1-877-515-1850\n<\/p>\n

KEYWORDS:<\/b> Louisiana United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Legal Professional Services<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

QUANTUMSCAPE 72 HOUR DEADLINE ALERT: Former Louisiana Attorney General and Kahn Swick & Foti, LLC Remind Investors With Losses in Excess of $100,000 of Deadline in Class Action Lawsuits Against QuantumScape Corporation – QS NEW ORLEANS–(BUSINESS WIRE)– Kahn Swick & Foti, LLC (“KSF”) and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have only until March 8, 2021 to file lead plaintiff applications in securities class action lawsuits against QuantumScape Corporation (NYSE: QS), if they purchased the Company\u2019s securities between November 27, 2020 and December 31, 2020, inclusive (the \u201cClass Period\u201d). These actions are pending in the United States District Courts for the Northern District of California and Southern District of Illinois. … <\/p>\n

Continue reading “QUANTUMSCAPE 72 HOUR DEADLINE ALERT: Former Louisiana Attorney General and Kahn Swick & Foti, LLC Remind Investors With Losses in Excess of $100,000 of Deadline in Class Action Lawsuits Against QuantumScape Corporation – QS”<\/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-452131","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nQUANTUMSCAPE 72 HOUR DEADLINE ALERT: Former Louisiana Attorney General and Kahn Swick & Foti, LLC Remind Investors With Losses in Excess of $100,000 of Deadline in Class Action Lawsuits Against QuantumScape Corporation - 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\/quantumscape-72-hour-deadline-alert-former-louisiana-attorney-general-and-kahn-swick-foti-llc-remind-investors-with-losses-in-excess-of-100000-of-deadline-in-class-action-lawsuits-against-qu\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"QUANTUMSCAPE 72 HOUR DEADLINE ALERT: Former Louisiana Attorney General and Kahn Swick & Foti, LLC Remind Investors With Losses in Excess of $100,000 of Deadline in Class Action Lawsuits Against QuantumScape Corporation - QS - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"QUANTUMSCAPE 72 HOUR DEADLINE ALERT: Former Louisiana Attorney General and Kahn Swick & Foti, LLC Remind Investors With Losses in Excess of $100,000 of Deadline in Class Action Lawsuits Against QuantumScape Corporation – QS NEW ORLEANS–(BUSINESS WIRE)– Kahn Swick & Foti, LLC (“KSF”) and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have only until March 8, 2021 to file lead plaintiff applications in securities class action lawsuits against QuantumScape Corporation (NYSE: QS), if they purchased the Company\u2019s securities between November 27, 2020 and December 31, 2020, inclusive (the \u201cClass Period\u201d). 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Foti, Jr., remind investors that they have only until March 8, 2021 to file lead plaintiff applications in securities class action lawsuits against QuantumScape Corporation (NYSE: QS), if they purchased the Company\u2019s securities between November 27, 2020 and December 31, 2020, inclusive (the \u201cClass Period\u201d). These actions are pending in the United States District Courts for the Northern District of California and Southern District of Illinois. … Continue reading \"QUANTUMSCAPE 72 HOUR DEADLINE ALERT: Former Louisiana Attorney General and Kahn Swick & Foti, LLC Remind Investors With Losses in Excess of $100,000 of Deadline in Class Action Lawsuits Against QuantumScape Corporation – QS\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/quantumscape-72-hour-deadline-alert-former-louisiana-attorney-general-and-kahn-swick-foti-llc-remind-investors-with-losses-in-excess-of-100000-of-deadline-in-class-action-lawsuits-against-qu\/","og_site_name":"Market Newsdesk","article_published_time":"2021-03-06T03:53:14+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20210305005604r1&sid=flmnd&distro=nx&lang=en","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\/quantumscape-72-hour-deadline-alert-former-louisiana-attorney-general-and-kahn-swick-foti-llc-remind-investors-with-losses-in-excess-of-100000-of-deadline-in-class-action-lawsuits-against-qu\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/quantumscape-72-hour-deadline-alert-former-louisiana-attorney-general-and-kahn-swick-foti-llc-remind-investors-with-losses-in-excess-of-100000-of-deadline-in-class-action-lawsuits-against-qu\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"QUANTUMSCAPE 72 HOUR DEADLINE ALERT: Former Louisiana Attorney General and Kahn Swick & Foti, LLC Remind Investors With Losses in Excess of $100,000 of Deadline in Class Action Lawsuits Against QuantumScape Corporation – QS","datePublished":"2021-03-06T03:53:14+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/quantumscape-72-hour-deadline-alert-former-louisiana-attorney-general-and-kahn-swick-foti-llc-remind-investors-with-losses-in-excess-of-100000-of-deadline-in-class-action-lawsuits-against-qu\/"},"wordCount":540,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/quantumscape-72-hour-deadline-alert-former-louisiana-attorney-general-and-kahn-swick-foti-llc-remind-investors-with-losses-in-excess-of-100000-of-deadline-in-class-action-lawsuits-against-qu\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20210305005604r1&sid=flmnd&distro=nx&lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/quantumscape-72-hour-deadline-alert-former-louisiana-attorney-general-and-kahn-swick-foti-llc-remind-investors-with-losses-in-excess-of-100000-of-deadline-in-class-action-lawsuits-against-qu\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/quantumscape-72-hour-deadline-alert-former-louisiana-attorney-general-and-kahn-swick-foti-llc-remind-investors-with-losses-in-excess-of-100000-of-deadline-in-class-action-lawsuits-against-qu\/","name":"QUANTUMSCAPE 72 HOUR DEADLINE ALERT: Former Louisiana Attorney General and Kahn Swick & Foti, LLC Remind Investors With Losses in Excess of $100,000 of Deadline in Class Action Lawsuits Against QuantumScape Corporation - 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