IonQ, Inc.

Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the securities of IonQ, Inc. (NYSE: IONQ) between March 30, 2021 and May 2, 2022, both dates inclusive (the “Class Period”). If you wish to serve as lead plaintiff, you must move the Court no later than August 1, 2022.

If you purchased IonQ, Inc. securities and would like to join the prospective action, please click “Join This Class Action.”

Class Period:March 30, 2021 to May 2, 2022
If you purchased IonQ, Inc. securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

Details of the case:

According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that:

  • IonQ had not yet developed a 32-qubit quantum computer;
  • the Company’s 11-qubit quantum computer suffered from significant error rates, rendering it useless;
  • IonQ’s quantum computer is not sufficiently reliable, so it is not accessible despite being available through major cloud providers;
  • a significant portion of IonQ’s revenue was derived from improper round-tripping transactions with related parties; and
  • 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.
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Company Name: IonQ, Inc.
Stock Symbol: IONQ
Class Period: March 30, 2021 to May 2, 2022
Court: United States District Court for the District of Maryland

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The Rosen Law Firm has been ranked among the top 4 law firms each year since 2013 for the number of successful securities class actions on behalf of investors. In 2019 alone, our firm recovered $438 million for investors.

Investors should carefully identify and select experienced counsel with a track record of success leading securities class actions. Often other firms issue press releases about class actions yet do not have comparable experience or resources.

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The Rosen Law Firm represents investors throughout the globe. Our mission is to prosecute securities fraud class actions and protect shareholders’ rights.

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