Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Arqit Quantum Inc. f/k/a Centricus Acquisition Corp. Securities Fraud Class Action Lawsuit Pending: Contact Levi & Korsinsky Before July 5, 2022 to Discuss Your Rights - ARQQ

ARQQ

New York, New York--(Newsfile Corp. - June 28, 2022) - Levi & Korsinsky, LLP notifies investors in Arqit Quantum Inc. f/k/a Centricus Acquisition Corp. ("Arqit Quantum Inc. f/k/a Centricus Acquisition Corp." or the "Company") (NASDAQ: ARQQ) of a class action securities lawsuit.

The lawsuit on behalf of Arqit Quantum Inc. f/k/a Centricus Acquisition Corp. investors has been commenced in the the United States District Court for the Eastern District of New York. This lawsuit is on behalf of: (i) all persons or entities who purchased or otherwise acquired Arqit securities between September 7, 2021 and April 18, 2022, inclusive; and/or (ii) all holders of Centricus securities as of the record date for the special meeting of shareholders held on August 31, 2021 to consider approval of the merger between Arqit and Centricus (the "Merger") and entitled to vote on the Merger. Follow the link below to get more information and be contacted by a member of our team:

https://www.zlk.com/pslra-1/arqit-quantum-inc-f-k-a-centricus-acquisition-corp-loss-submission-form?prid=29300&wire=5

or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500. There is no cost or obligation to you.

Cannot view this image? Visit: https://orders.newsfilecorp.com/files/7091/129322_848086_logo.jpg



Cannot view this video? Visit:
https://www.youtube.com/watch?v=K8KXjl5uaoc

Arqit Quantum Inc. f/k/a Centricus Acquisition Corp. NEWS - ARQQ NEWS

CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (1) Arqit's proposed encryption technology would require widespread adoption of new protocols and standards for telecommunications; (2) British cybersecurity officials questioned the viability of Arqit's proposed encryption technology in a meeting in 2020; (3) the British government was not an Arqit customer but, rather, providing grants to Arqit; (4) Arqit had little more than an early-stage prototype of its encryption system at the time of the Merger; and (5) as a result, Defendants' statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.

WHAT THIS MEANS TO SHAREHOLDERS: If you suffered a loss in Arqit Quantum Inc. f/k/a Centricus Acquisition Corp. during the relevant timeframe, you have until July 5, 2022 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. Discuss your rights with our legal team without cost or obligation.

PROTECT YOUR FINANCIAL INTERESTS: Complete this brief submission form https://www.zlk.com/pslra-1/arqit-quantum-inc-f-k-a-centricus-acquisition-corp-loss-submission-form?prid=29300&wire=5 or call 212-363-7500 to discuss the case.

WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
55 Broadway, 10th Floor
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/129322

Tags:


Get the latest news and updates from Stockhouse on social media

Follow STOCKHOUSE Today