I'm filling a lawsuit against Scorpion Capitol.
join the Class if you are a IONQ shareholder.
Lawsuit text.
Scorpion Capital & Wolfpack Research Evidence File (IonQ)
This document contains a comparison of short-seller allegations versus technical and financial facts, along with the stock market impact for IonQ, Inc.
IonQ Stock Performance vs. Short Reports
Date
Report Author
Key Allegations & Specific Language
Immediate Stock Impact
May 3, 2022
Scorpion Capital
"The 'World's Most Powerful Quantum Computer' Is a Hoax." Alleged the technology was "vaporware" and a "brazen hoax." Claimed "sham transactions" were used to inflate revenue.
~45% Drop over 9 trading days.
Feb 6, 2026
Wolfpack Research
Claimed IonQ "lost its largest customer," alleging a loss of Pentagon funding that represented "86% of revenue" between 2022-2024. Used terms like "collapsing revenue pipeline."
~14% Drop in 24 hours.
The "Anatomy of the Lie": Specific Claims vs. Facts
- The Technology "Hoax" Claim (Scorpion)
The Allegation: Scorpion claimed the 32-qubit computer didn't exist or was a "hoax."
The Reality: Since that report, IonQ has successfully achieved its technical milestones (Algorithmic Qubits or #AQ) which were independently verified by third-party benchmarks like QED-C.
The "Lie": They ignored existing peer-reviewed data and physical evidence of the hardware to use the word "hoax," which is designed to trigger institutional sell-algorithms.
- The "Sham Transactions" Claim (Scorpion)
The Allegation: Claimed revenue was faked through round-trip trades.
The Reality: IonQ is a public company audited by Ernst & Young (EY). Their SEC filings have consistently passed audits.
- The "Pentagon Funding Loss" (Wolfpack)
The Allegation: Wolfpack claimed IonQ lost a massive Pentagon contract, essentially wiping out their future revenue.
The Reality: The claim of a total "loss" of 86% of revenue is a specific, verifiable number. Discrepancies between this claim and future revenue reporting provide a direct basis for a "knowingly false" claim.
Lawsuit Draft Email
To: [Insert Firm Email Address]
Subject: Shareholder Inquiry: Market Manipulation Class Action against Scorpion Capital (IonQ)
Dear Intake Team,
I am writing to request that your firm investigate and potentially initiate a class-action lawsuit against Scorpion Capital for a sustained "Short and Distort" campaign and market manipulation regarding IonQ, Inc. (NYSE: IONQ).
I am a long-term shareholder of IonQ and have been significantly impacted by the stock drops following Scorpion Capital’s May 2022 report and subsequent public statements. I believe these reports contain knowingly false allegations and were released as part of a coordinated effort to manipulate the stock price for profit.
Key points for your investigation:
Market Manipulation (SEC Rule 10b-5): I am interested in a claim focused on market manipulation rather than standard defamation, specifically to address the "Opinion" and "Disclaimer" defenses used by Scorpion in previous litigation.
Pattern of Behavior: I have also been impacted by recent similar activities (e.g., the Wolfpack Research report in February 2026) and believe there may be a pattern of coordinated short-selling that warrants discovery into internal communications and trade logs.
Evidence Available: I maintain full digital records of all my IonQ trades, including buy/sell dates and cost basis, which demonstrate the financial injury caused by these specific reports.
While my individual losses may not reach the threshold for a Lead Plaintiff position, I am eager to participate as a class member and can provide my trading data to help establish the class period and damages.
Please let me know if your firm is currently opening an investigation into Scorpion Capital or if there is a pending action I should join.