Investors with losses of $100,000 or more can contact the law firm at no cost to learn more about recovering their losses
LOS ANGELES, July 27, 2022 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises that a class action lawsuit has been filed against IonQ, Inc. ("IonQ" or the “Company) (NYSE: IONQ) and certain of its officers, on behalf of all persons and entities that purchased, or otherwise acquired IonQ securities between March 30, 2021 and May 2, 2022, inclusive (the “Class Period”).
Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 844-767-8529 or email: lesley@portnoylaw.com, to discuss their legal rights, or click here to join the case via www.portnoylaw.com. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors’ options for pursuing claims to recover their losses.
According to the Complaint, the Company made false and misleading statements to the market. IonQ had not developed a 32-qubit quantum computer. The Company’s 11-qubit quantum computer was rendered useless by frequent errors. The Company’s quantum computer failed to be reliably accessible despite its availability through major cloud providers. The Company derived a significant portion of its revenue from improper transactions with related parties. Based on these facts, the Company’s public statements were false and materially misleading throughout the class period. When the market learned the truth about IonQ, investors suffered damages.
Please visit our website to review more information and submit your transaction information.
The Portnoy Law Firm represents investors in pursuing claims against caused by corporate wrongdoing. The Firm’s founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.
Lesley F. Portnoy, Esq.
Admitted CA and NY Bar
lesley@portnoylaw.com
310-692-8883
www.portnoylaw.com
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