PR Newswire | Jan 4, 2021 05:15PM EST

01/04 16:15 CST

Ademi LLP Investigates Claims of Securities Fraud of QuantumScape Corporation MILWAUKEE, Jan. 4, 2021

MILWAUKEE, Jan. 4, 2021 /PRNewswire/ -- Ademi LLP is investigating possible securities fraud claims against QuantumScape (NASDAQ: QS) resulting from inaccurate statements QuantumScape made regarding its business operations and prospects.

Click here to learn more about the investigation: http://ademilaw.com/case/quantumscape-corporation or call Guri Ademi toll-free at 866-264-3995. There is no cost or obligation to you.

The investigation focuses on whether QuantumScape properly disclosed the significant limitations of its solid-state battery products in order to be acceptable for real world field electric vehicle performance. Specifically, according to a Seeking Alpha research report, QuantumScape's solid state battery products (i) last only for "260 cycles or about 75,000 miles of aggressive driving", (ii) have a daily range of only about "75-100 miles at full capacity in winter temperature conditions", (iii) will charge only to 5% in 15 minutes rather than 80% at 15 minutes in winter conditions, and (iv) will have an energy density lower than competitors.

If you wish to obtain additional information or have information about this investigation of Splunk, please contact Guri Ademi either at gademi@ademilaw.com or toll-free: 866-264-3995, http://ademilaw.com/case/quantumscape-corporation.

We specialize in securities fraud and shareholder litigation. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes.

Contact:Ademi LLPGuri Ademi3620 East Layton Ave.Cudahy, WI 53110Toll Free: (866) 264-3995Fax: (414) 482-8001www.ademilaw.com

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SOURCE Ademi LLP