IonQ, Inc. Class Action Lawsuit - IONQ

Company
IonQ, Inc. (NYSE: IONQ)
Lead Plaintiff Deadline
August 1, 2022 (Expired)
Class Period
March 30, 2021 - May 2, 2022

Expired

Lead Plaintiff Deadline

Aug 1, 2022

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Allegations

(1) IonQ had not yet developed a 32-qubit quantum computer; (2) the Company’s 11-qubit quantum computer suffered from significant error rates, rendering it useless; (3) IonQ’s quantum the computer is not sufficiently reliable, so it is not accessible despite being available through major cloud providers; (4) a significant portion of IonQ’s revenue was derived from improper roundtripping transactions with related parties; and (5) as a result of the foregoing, defendants’ positive statements about the Company’s business, operations, and prospects were the materially misleading and/or lacked a reasonable basis.

Eligibility

In order to be eligible to join the IONQ class action lawsuit, you must have incurred a loss on shares of IonQ purchased during the class period listed above.

Lead Plaintiff Deadline

If you suffered a loss in IonQ during the relevant time frame or pursuant to the relevant offering(s), you have until August 1, 2022 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

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