Best Ranked ROSEN Law Company Encourages QuantumScape Corporation Traders with …

Push release information from Globe Newswire. The AP information employees was not concerned in its development.

NEW YORK, Jan. 31, 2021 (Globe NEWSWIRE) —

WHY: Rosen Legislation Agency, a world wide investor rights legislation company, reminds purchasers of the securities of QuantumScape Corporation (NYSE: QS) involving November 27, 2020 and December 31, 2020, inclusive (the “Class Period”) of the critical March 8, 2021 guide plaintiff deadline.

SO WHAT: If you acquired QuantumScape securities for the duration of the Course Interval you may well be entitled to payment without having payment of any out of pocket costs or charges by way of a contingency charge arrangement.

WHAT TO DO Next: To be part of the QuantumScape class action, go to or connect with Phillip Kim, Esq. toll-totally free at 866-767-3653 or e mail [email protected] or [email protected] for facts on the course motion. A class motion lawsuit has already been submitted. If you desire to provide as guide plaintiff, you must transfer the Court no afterwards than March 8, 2021. A lead plaintiff is a agent bash performing on behalf of other class customers in directing the litigation.

WHY ROSEN Regulation: We motivate buyers to choose experienced counsel with a track record of results in management roles. Frequently, companies issuing notices do not have comparable expertise or assets. The Rosen Legislation Agency represents buyers through the world, concentrating its practice in securities course actions and shareholder by-product litigation. Rosen Legislation Organization has accomplished the greatest at any time securities course action settlement from a Chinese Organization.  Rosen Law Agency was Rated No. 1 by ISS Securities Course Motion Services for range of securities course action settlements in 2017. The company has been ranked in the top 3 every yr considering that 2013 and has recovered hundreds of tens of millions of bucks for traders. In 2019 by yourself the organization secured around $438 million for buyers. In 2020 founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Lots of of the firm’s attorneys have been regarded by Lawdragon and Tremendous Lawyers.

Facts OF THE Circumstance: According to the lawsuit, defendants during the Class Period of time manufactured bogus and/or deceptive statements and/or failed to disclose that: (1) QuantumScape’s purported achievement connected to its strong-condition battery ability, battery lifestyle, and electricity density have been drastically overstated (2) QuantumScape’s battery technologies was not sufficient for electric car or truck general performance as it would not be capable to face up to the aggressive automotive environment (3) QuantumScape’s battery technological innovation possible furnished no significant improvement around current battery engineering (4) QuantumScape is not likely to be able to scale its technologies to the multi-layer mobile essential to power electric powered vehicles (5) the prosperous commercialization of QuantumScape’s battery technological innovation was issue to considerably a lot more considerable risks and uncertainties than defendants had disclosed and (6) as a consequence of the foregoing, defendants materially overstated the price and prospective customers of QuantumScape’s battery know-how. When the genuine details entered the sector, the lawsuit promises that investors endured damages.

To be a part of the QuantumScape course motion, go to up-2017.html or get in touch with Phillip Kim, Esq. toll-absolutely free at 866-767-3653 or email [email protected] or [email protected] for details on the class action.

No Class Has Been Qualified. Till a class is certified, you are not represented by counsel until you retain one particular. You may perhaps find counsel of your decision. You may well also keep on being an absent course member and do very little at this stage. An investor’s means to share in any probable long term recovery is not dependent on serving as lead plaintiff.

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Contact Information:

        Laurence Rosen, Esq.
        Phillip Kim, Esq.
        The Rosen Regulation Business, P.A.
        275 Madison Avenue, 40th Floor
        New York, NY 10016
        Tel: (212) 686-1060
        Toll No cost: (866) 767-3653
        Fax: (212) 202-3827
         [email protected]
         [email protected]
         [email protected]