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Events / Business / Quantum Corporation faces class...
Business class action

Quantum Corporation faces class action lawsuit

Analysis based on 6 articles · First reported Oct 15, 2025 · Last updated Nov 05, 2025

Sentiment
-50
Attention
3
Articles
6
Market Impact
General
Live prominence charts, article sentiment distribution, and event development timeline available on the Ergen Dashboard
Market Impact

The class action lawsuit against Quantum Corporation for alleged improper revenue recognition and financial restatement will likely lead to negative market sentiment and potential stock price decline for Quantum Corporation. Investors who purchased shares during the specified period may suffer damages.

Technology Legal
Event Summary

Bragar Eagel & Squire, P.C. has filed a class action lawsuit against Quantum Corporation in the United States — United States District Court for the District of Colorado. The lawsuit alleges that Quantum Corporation improperly recognized revenue during the fiscal year ended March 31, 2025, and will need to restate its financial statements for the fiscal third quarter ended December 31, 2024. Investors who purchased Quantum Corporation securities between November 15, 2024, and August 18, 2025, are encouraged to contact Brandon Walker or Marion Passmore at Bragar Eagel & Squire, P.C. to discuss their legal rights. The deadline for investors to apply to be appointed as lead plaintiff is November 3, 2025.

Entities Involved
stock
Quantum Corporation
Quantum Corporation is the defendant in a class action lawsuit alleging improper revenue recognition and the need to restate financial statements, which could negatively impact its stock price and reputation.
Importance 100.0 Sentiment -70.0
priv
Bragar Eagel & Squire
Bragar Eagel & Squire, P.C. is the law firm that filed the class action lawsuit against Quantum Corporation, representing investors who suffered losses.
Importance 80.0 Sentiment 20.0
per
Marion Passmore
Marion Passmore is a partner at Bragar Eagel & Squire, P.C. and is encouraging investors to contact her regarding the class action lawsuit against Quantum Corporation.
Importance 60.0 Sentiment 10.0
per
Brandon Walker
Brandon Walker is a litigation partner at Bragar Eagel & Squire, P.C. and is encouraging investors to contact him regarding the class action lawsuit against Quantum Corporation.
Importance 60.0 Sentiment 10.0
govactor
United States — United States District Court for the District of Colorado
The United States — United States District Court for the District of Colorado is where the class action lawsuit against Quantum Corporation has been filed.
Importance 40.0 Sentiment 0.0
Relationships
Bragar Eagel & Squire related ↔ Marion Passmore
Bragar Eagel & Squire related ↔ Brandon Walker
Marion Passmore law partner ↔ Brandon Walker Marion Passmore works as a partner alongside Brandon Walker at Bragar Eagel & Squire. She collaborates with him to manag
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