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QuantumScape Securities Litigation

866-778-9623

This official website is maintained by the Claims Administrator under the supervision of Plaintiff’s Counsel for the members of the Settlement Class in the Action entitled, In Re QuantumScape Securities Class Action Litigation, Case No. 3:21-cv-00058-WHO (the “Action”), which is pending in the United States District Court for the Northern District of California.

QuantumScape Securities Litigation

All Persons that purchased or otherwise acquired QuantumScape securities between November 27, 2020 and April 14, 2021, inclusive, and were damaged thereby.

The information contained on this web page is only a summary of information presented in more detail in the Notice of (I) Pendency of Class Action, Certification of Class, and Proposed Settlement; (II) Settlement Fairness Hearing; and (III) Motion For an Award of Attorneys’ Fees and Reimbursement of Litigation Expenses (the “Notice”), which you can access by clicking here. Since this website is just a summary, you should review the Notice for additional information.

Please also be advised that Plaintiff Frank Fish (“Lead Plaintiff”) and additional plaintiffs Kathy Stark and Mary Cranny (together with Lead Plaintiff, “Plaintiffs”), on behalf of themselves and the class (as defined in paragraph 1 of the Notice), have reached a settlement of the Action for $47,500,000 in cash that will resolve all claims in the Action (the “settlement”).

On November 13, 2024, the Court held a fairness hearing to consider final approval of the Settlement and other matters. On January 22, 2025, the Court entered an order granting final approval and awarding attorney's fees and costs.

If you have questions, you may call the QuantumScape Securities Litigation Helpline at (866)-778-9623 or email info@QuantumScapeSettlement.com.

YOUR LEGAL RIGHTS AND OPTIONS IN THE SETTLEMENT
Description Due Date

SUBMIT A CLAIM FORM 

The deadline to file a Claim has passed.

EXCLUDE YOURSELF FROM THE CLASS

The deadline to exclude yourself from the Class has passed.

OBJECT TO THE SETTLEMENT

The deadline to object has passed.

FAIRNESS HEARING

The Fairness Hearing took place on November 13, 2024.