PSQL

Pomerantz LLP is investigating potential securities fraud claims against Pasqal Holding SA after the company announced on September 28, 2026, that it was ending its participation in France's LSQUARE/PROQCIMA quantum-computing program. The announcement triggered an 8.36% stock price decline, falling $0.56 per share to $6.14.

Pasqal, a neutral-atom quantum computing company, has achieved ISO/IEC 27001:2022 certification for its Information Security Management System. The certification, independently verified by SGS under COFRAC accreditation, covers the company's design, development, production, and support activities across its sites in France, Canada, and Saudi Arabia. This certification demonstrates Pasqal's commitment to information security and risk management as quantum computing expands into sensitive applications.

Block & Leviton is investigating Lennar Corporation for potentially misleading investors about home delivery numbers in fiscal Q3 2026. The investigation focuses on whether Lennar artificially inflated delivery figures through purchases by its spinoff company Millrose Properties in the final week of the quarter. Lennar's stock fell on October 5, 2026, following an analyst downgrade of Millrose.

Pasqal, a neutral-atom quantum computing company, announced the appointment of Florence Lao as Chief Legal Officer. Lao brings nearly 20 years of international legal experience, including expertise in corporate governance, capital markets, and M&A. She previously served as General Counsel at Deezer and held senior legal roles at Adisseo and SMCP. Her appointment supports Pasqal's expansion as a publicly traded company and global scaling efforts.

Block & Leviton is investigating Pasqal Holding for potential securities law violations, alleging the company misled investors about its role in a French defense quantum-computing program. Pasqal announced on September 28, 2026, that it was ending participation in LSQUARE/PROQCIMA after the first phase, describing it as an 'evolution,' but the company had not previously disclosed the program's outcome.

Following the announcement, Pasqal's stock fell approximately 7.4%. The investigation focuses on whether leadership knew about the program's end earlier and failed to disclose it to investors.

Pasqal, a neutral-atom quantum computing company, reported H1 2026 revenue of €4.9 million (up 14% YoY) with QPU-related services growing 34% YoY. The company has €70.4 million in booked and awarded business and €312.9 million in cash following its recent business combination and listing. Despite an operating loss of €59.2 million (including €37.5 million in one-time charges), Pasqal demonstrated strong technological progress including 1,000+ physical qubits and expanded customer deployments with NVIDIA, Google, Saudi Aramco, and Crédit Agricole.