Schall Law Firm Investigates Rigetti Computing for Securities Law Violations After Stock Plunge
The Schall Law Firm, a prominent shareholder rights litigation firm, has launched an investigation into Rigetti Computing, Inc. (NASDAQ: RGTI) on behalf of its investors. The probe centers on potential violations of securities laws, focusing on whether Rigetti issued false or misleading statements or failed to disclose critical information relevant to investors.
Stock Drop Triggered by Quantum Computing Timeline Statement
The investigation was prompted by a sharp decline in Rigetti’s stock price on January 8, 2025, following comments by Nvidia CEO Jensen Huang. During a public statement, Huang remarked that “useful quantum computers” remain at least 20 years away, casting doubt on the near-term viability of the technology. As a result, Rigetti’s shares plummeted by a staggering 45% on the same day.
Rigetti is one of several quantum computing firms affected by these remarks, highlighting concerns among investors about the industry’s timeline for delivering practical applications.
Investor Rights and Legal Assistance
The Schall Law Firm encourages Rigetti shareholders who have experienced financial losses to come forward to explore their legal rights. Investors are invited to participate in the investigation by contacting the firm for a free consultation.
To learn more or to discuss your rights, shareholders can reach Brian Schall at:
- Phone: 310-301-3335
- Office: 2049 Century Park East, Suite 2460, Los Angeles, CA 90067
- Email: bschall@schallfirm.com
- Website: www.schallfirm.com
About the Schall Law Firm
The Schall Law Firm specializes in securities class action lawsuits and shareholder rights litigation, representing investors across the globe. The firm is committed to holding companies accountable for misleading or unlawful actions that negatively impact shareholders.
For those seeking justice and compensation for losses linked to Rigetti Computing’s stock performance, the Schall Law Firm provides expert legal guidance and support.
