GROSS LAW FIRM

QuantumScape Corporation f/k/a Kensington Capital Acquisition Corp. Loss Submission Form

The Gross Law Firm notifies investors that a class action has commenced in the United States District Court for the Northern District of California on behalf of shareholders of QuantumScape Corporation f/k/a Kensington Capital Acquisition Corp. who purchased securities between November 27, 2020 and December 31, 2020.

(1) the Company’s purported success related to its solid-state battery power, battery life, and energy density were significantly overstated; (2) the Company is unlikely to be able to scale its technology to the multi-layer cell necessary to power electric vehicles; and (3) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

QuantumScape Corporation

“QuantumScape Corporation”

If you wish to choose counsel to represent you and the class, you must apply to be appointed lead plaintiff and be selected by the Court. The lead plaintiff will direct the litigation and participate in important decisions including whether to accept a settlement for the class in the action. The lead plaintiff will be selected from among applicants claiming the largest loss from investment in the respective securities during the class periods. Members of the class will be represented by the lead plaintiff and counsel chosen by the lead plaintiff. No class has yet been certified in the above action. Appointment as Lead Plaintiff is not required to partake in any recovery.

Shareholders have until March 8, 2021 to request that the court appoint them lead plaintiff.

To receive more information, please fill out the form.

Name

Email

Physical Address

Phone Number

Number of Shares Purchased

Purchase Date

Loss

By submitting your information, it does not create an attorney-client relationship and you are giving us your express consent to contact you by email, text message, SMS, or call you by telephone.

Privacy Notice