Day: July 11, 2022

Posted on

ROSEN, GLOBAL INVESTOR COUNSEL, Encourages IonQ, Inc. Investors with Losses to Secure Counsel Before Important Deadline in Securities Class Action – IONQ

NEW YORK, July 10, 2022 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of IonQ, Inc. (NYSE: IONQ) between March 30, 2021 and May 2, 2022, both dates inclusive (the “Class Period”), of the important August 1, 2022 lead plaintiff deadline.

SO WHAT: If you purchased IonQ securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the IonQ class action, go to https://rosenlegal.com/submit-form/?case_id=6703 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 1, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

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: (1) IonQ had not yet developed a 32-qubit quantum computer; (2) IonQ’s 11-qubit quantum computer suffered from significant error rates, rendering it useless; (3) IonQ’s quantum 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 round-tripping transactions with related parties; and (5) as a result of the foregoing, defendants’ positive statements about IonQ’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the IonQ class action, go to https://rosenlegal.com/submit-form/?case_id=6703 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

        Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

Posted on

Sharjah Ruler condoles Saudi King on passing of Turki bin Saud bin Turki Al Saud

SHARJAH, H.H. Dr. Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, has sent a cable to the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud of Saudi Arabia, expressing his condolences and sincere sympathy over the death of Prince Turki bin Saud bin Turki bin Saud bin Abdulaziz Al Saud.

H.H. Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince and Deputy Ruler of Sharjah; H.H. Sheikh Abdullah bin Salem bin Sultan Al Qasimi, Deputy Ruler of Sharjah, and Deputy Chairman of Sharjah Executive Council; H.H. Sheikh Sultan bin Ahmed bin Sultan Al Qasimi, Deputy Ruler of Sharjah, and Chairman of Sharjah Media Council, also sent similar cables of condolences to King Salman.

Source: Emirates News Agency

Posted on

UAE President exchanges Eid Al Adha greetings with leaders of fraternal countries

ABU DHABI, President His Highness Sheikh Mohamed bin Zayed Al Nahyan exchanged, over phone calls, Eid Al Adha greetings with Lieutenant General Abdel Fattah Al Burhan Abdelrahman, Chairman of Sudan’s Sovereign Transitional Council; President Bashar Al Assad of the Arab Republic of Syria; and Recep Tayyip Erdogan, President of the Republic of Türkiye.

During the telephone calls, Sheikh Mohamed conveyed to his fellow leaders his wishes of further wellbeing, prosperity and development to their countries.

For their part, the leaders reciprocated the greetings and wished more progress, safety and security to the UAE people. They also wished more prosperity and development to the Arab and Islamic nations, and all other countries.

Source: Emirates News Agency

Posted on

RAK Ruler condoles Saudi King on passing of Turki bin Saud bin Turki Al Saud

RAS AL KHAIMAH, H.H. Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah, has sent a cable to the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud of Saudi Arabia, expressing his condolences and sincere sympathy over the death of Prince Turki bin Saud bin Turki bin Saud bin Abdulaziz Al Saud.

H.H. Sheikh Mohammed bin Saud bin Saqr Al Qasimi, Crown Prince of Ras Al Khaimah, also sent a similar cable of condolences to King Salman.

Source: Emirates News Agency

Posted on

Children of Al Ihsan Charity Association visit Museum of the Future in special tour

DUBAI, The Museum of the Future hosted a group of children from Al Ihsan Charity Association, on a special visit during Eid Al Adha, organised and sponsored by CAFU, mobile car service provider.

The special visit saw children of Al Ihsan Charity Association granted a tour of the Museum of the Future, Dubai’s latest cultural landmark and hub for all members of the community. During the visit, the children embarked on a journey to the future as they explored the museum’s immersive experiences.

Among the key highlights of the visits were the moment when the children were greeted by a group of flying robots. They also enjoyed experiencing the museum’s Future Heroes exhibit, which encourages young minds to make new discoveries about themselves and the world around them. The area includes a range of educational and fun activities centered on future-proof skills: curiosity, creativity, confidence, communication, collaboration, and critical thinking.

True to the accessible nature of the Museum of the Future, Future Heroes is a children friendly environment, utilising calming palettes over bright colours and loud noises. The space is also wheelchair accessible and encourages children to interact with one another, taking on challenges together by deploying the future-proof skills the zone helps to foster.

The Museum of the Future’s overarching objective is to inspire its guests through a series of interactive and engaging experiences that leverage cutting-edge technology and spread over seven floors.

Khalid bin Tamim, the Director of the Office of the Secretary-General of Al Ihsan Charity Association, said, “We thank the Museum of the Future for hosting us, and we thank CAFU for organising and sponsoring the tour. We saw joy on the faces of our children today, and this comes because of the efforts of the Museum of the Future’s team who took the group into a journey filled with knowledge and entertainment.”

Rashid Al Ghurair, Founder and CEO of CAFU, said, “Our company has been committed since its establishment to contribute to building a better world. Our initiatives are dedicated to serving the community in the UAE so that together we can make a difference and move towards a brighter future. Organising this visit to the Museum of the Future is a simple, but important gesture for young visitors, and it was aimed at drawing a smile on their faces and to inspire them through a visit to one of our country’s most prominent landmarks.”

Source: Emirates News Agency

Posted on

DEWA supports international exhibitions sector in Dubai through WETEX, Dubai Solar Show

DUBAI, Dubai Electricity and Water Authority (DEWA) organises the Water, Energy, Technology, and Environment Exhibition (WETEX) and Dubai Solar Show from 27th to 29th September.

Since its launch in 1999, WETEX has witnessed significant growth and has become one of the most prominent global exhibitions specialised in water, energy, sustainability, green technologies, renewable and clean energy, green buildings, electric vehicles, and other key areas. This makes it a significant supporter of Dubai Government’s vision to build a sustainable future for the Emirate.

Saeed Mohammed Al Tayer, MD & CEO of DEWA, Founder and Chairman of WETEX and Dubai Solar Show, said, “The exhibitions and conferences sector is a key component of the booming tourism sector in Dubai. It contributes to strengthening the Emirate’s economy, which has achieved a growth of 6.2% in 2021 and 5.9% in the first quarter of 2022. WETEX and Dubai Solar Show, the largest of its kind in the region and one of the most prominent specialised international exhibitions, promote Dubai’s position as a global hub for international exhibitions and conferences.

“It also introduces the achievements of the UAE and Dubai in clean and renewable energy to the world. The exhibition provides an important opportunity for companies as well as government and private organisations to reach thousands of exhibitors, participants, officials and decision-makers in the energy, water, renewable energy, environment and sustainability sectors to make deals and build partnerships, as well as identify market needs, especially in light of the significant expansion in the use of renewable energy technologies in the UAE and the region at large.”

Mahir Julfar, Executive Vice President, Venue Services Management, Dubai World Trade Centre, said, “We are pleased to welcome WETEX 2022, organized by Dubai Electricity and Water Authority at the Dubai World Trade Centre. Through its support of green and renewable technologies and initiatives, WETEX plays an important role in driving the Dubai Government’s vision of building a sustainable future. As the region’s leading MICE venue, DWTC is proud to support WETEX in showcasing Dubai and the UAE’s progress in sustainability to an international audience.”

WETEX and Dubai Solar Show 2021 attracted 1,200 companies from 55 countries and 61 sponsors and 10 country pavilions. The event attracted 45,506 visitors from all over the world. DEWA organised 56 seminars and panel discussions at the exhibition, with the participation of experts and specialists from around the world on sustainability; renewable and clean energy; green hydrogen; water desalination using clean energy; carbon capture; circular economy; renewable energy production and storage; turning waste into energy; Artificial Intelligence (AI); emerging technologies in utilities; smart meters and networks; post-COVID-19 innovation, and other topics.

Source: Emirates News Agency