INVESTOR DEADLINE: IonQ, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Actio…


 The law firm of Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of IonQ, Inc. (NYSE: IONQ) (NYSE: IONQ/WS) securities between March 30, 2021 and May 2, 2022, inclusive (the “Class Period”) have until August 1, 2022 to seek appointment as lead plaintiff in Leacock v. IonQ, Inc., No. 22-cv-01306 (D. Md.). Filed on May 31, 2022, the IonQ class action lawsuit charges IonQ as well as certain of its top executive officers with violations of the Securities Exchange Act of 1934. A similar lawsuit, Fisher v. IonQ, Inc., No. 22-cv-01536, is also pending in the District of Maryland.

If you suffered substantial losses and wish to serve as lead plaintiff, please provide your information here:

https://www.rgrdlaw.com/cases-ionq-inc-class-action-lawsuit-ionq.html

You can also contact attorney J.C. Sanchez of Robbins Geller by calling 800/449-4900 or via e-mail at [email protected].

CASE ALLEGATIONS: IonQ claims to “build the world’s best quantum computers to solve the world’s most complex problems.” On or about September 30, 2021, IonQ became a public entity via a business combination with dMY Technology Group, Inc. III (“DTG”), a special purpose acquisition company (“SPAC” or “blank-check company”).

The IonQ class action lawsuit alleges that, throughout the Class Period, defendants made false and misleading statements and failed to disclose that: (i) IonQ had not yet developed a 32-qubit quantum computer; (ii) IonQ’s 11-qubit quantum computer suffered from significant error rates, rendering it useless; (iii) IonQ’s quantum computer is not sufficiently reliable, so it is not accessible despite being available through major cloud providers; (iv) a significant portion of IonQ’s revenue was derived from improper round-tripping transactions with related parties; and (v) as a result, defendants’ positive statements about IonQ’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

On May 3, 2022, Scorpion…



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