Quantum-Si discloses shareholder class action lawsuit over SPAC merger process

Quantum-Si Inc

Lawsuit filed May 16, 2024 in Delaware Court of Chancery; plaintiff Farzad v. HighCape Capital, et al.
Claims include breach of fiduciary duty against former HighCape officers/directors; aiding and abetting against Foresite Capital and Jonathan Rothberg.
Suit alleges unfair process and mispricing in the business combination that formed Quantum-Si.
Seeks unspecified damages, attorneys' fees; no assurance of successful defense or insurance coverage.

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