Recent Securities Litigations

IonQ Inc. Common Stock (NYSE: IONQ)

36 Days left to seek lead plaintiff status.

Company Name:IonQ Inc. Common Stock
Stock Symbol:NYSE: IONQ
Class Period Start:03/30/2021
Class Period End (inclusive):05/02/2022
Filing Deadline:08/01/2022

The Complaint alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, the Complaint alleges Defendants failed to disclose to investors: (1) that IonQ had not yet developed a 32-qubit quantum computer; (2) that the Company’s 11-qubit quantum computer suffered from significant error rates, rendering it useless; (3) that IonQ’s quantum computer is not sufficiently reliable, so it is not accessible despite being available through major cloud providers; (4) that a significant portion of IonQ’s revenue was derived from improper round-tripping transactions with related parties; and (5) that, 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 at all relevant times.

IonQ Inc. Common Stock (NYSE: IONQ) Claim Form

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