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IonQ Class Action: Levi & Korsinsky Reminds IonQ, Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of August 1, 2022 – IONQJul 29th, 2022 15:02 EST
New York, New York–(Newsfile Corp. – July 29, 2022) – Levi & Korsinsky, LLP notifies investors in IonQ, Inc. (“IonQ” or the “Company”) (NYSE: IONQ) of a class action securities lawsuit.
The lawsuit on behalf of IonQ investors has been commenced in the the United States District Court for the District of Maryland. Affected investors purchased or otherwise acquired certain IonQ, Inc. securities between March 30, 2021 and May 2, 2022. Follow the link below to get more information and be contacted by a member of our team:
or contact Joseph E. Levi, Esq. either via email at [email protected] or by telephone at (212) 363-7500. There is no cost or obligation to you.
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IonQ, Inc. NEWS – IONQ NEWS
CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (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.
WHAT THIS MEANS TO SHAREHOLDERS: If you suffered a loss in IonQ during the relevant timeframe, 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.
NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. Discuss your rights with our legal team without cost or obligation.
PROTECT YOUR FINANCIAL INTERESTS: Complete this brief submission form https://www.zlk.com/pslra-1/ionq-inc-loss-submission-form?prid=30414&wire=5 or call 212-363-7500 to discuss the case.
WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services’ Top 50 Report as one of the top securities litigation firms in the United States.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/132345