NEW YORK, June 3, 2022 / PRNewswire / – The Jakubowitz Act states that a collective action on securities fraud was initiated on behalf of the shareholders of Arqit Quantum Inc. f / k / a Centricus Acquisition Corp. (NASDAQ: ARQQ).
To receive information about the claim, fill out the form:
This claim on behalf of: (i) all natural or legal persons who have acquired 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 date of registration for the Extraordinary Meeting of Shareholders held in August 31, 2021 consider approving a merger between Arqit and Centricus (“Merger”) and have the right to vote on the merger.
Shareholders interested in acting as a lead plaintiff representing a class of affected shareholders have up to July 5, 2022 go to court. Your ability to participate in any recovery does not require you to act as the main plaintiff.
According to the complaint, Arqit Quantum Inc. f / k / a Centricus Acquisition Corp. issued materially false and / or misleading statements and / or did not disclose that: (1) Arqit’s proposed encryption technology would require widespread adoption of new protocols and standards for telecommunications; (2) British cybersecurity officials have questioned the viability of Arqit’s proposed encryption technology at the 2020 meeting; (3) the British government was not an Arqit client, but rather provided Arqit grants; (4) Arqit had little more than a prototype of its early-stage encryption system at the time of the merger; and (5) as a result of the defendants’ statements about his business, activities and prospects were materially false and misleading and / or did not have a reasonable basis at all relevant times.
Yakubovich’s law vigorously seeks justice for shareholders who have fallen victim to securities fraud. Lawyer advertising. Preliminary results do not guarantee similar results.
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SOURCE YAKUBOVITS LAW