Federal Judge: Investors’ Requested Amendment Of Securities Suit Would Be Futile

(July 12, 2024, 11:38 AM EDT) -- GREENBELT, Md. — A federal judge in Maryland rejected investors’ motion to amend their putative class complaint alleging that a quantum computing company and executives made false statements about its products, leading to a stock value drop once the alleged truth was revealed, finding that the proposed amended complaint did not address the issues that caused the judge to dismiss the complaint with prejudice in September....