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NEW YORK, May 29, 2022 (GLOBE NEWSWIRE) — Bragar Eagel & Squire, P.C., a nationally acknowledged shareholder rights regulation agency, is investigating potential claims towards Dentsply Sirona, Inc. (NASDAQ: XRAY), IonQ, Inc. (NYSE: IONQ), Singularity Future Technology, Inc. (NASDAQ: SGLY), and Clariant AG (OTCMKTS: CLZNY). Our investigations concern whether or not these firms have violated the federal securities legal guidelines and/or engaged in different illegal enterprise practices. Additional details about every case could be discovered at the hyperlink offered.
Dentsply Sirona, Inc. (NASDAQ: XRAY)
On April 19, 2022, the Company issued a press launch asserting the termination of Chief Executive Officer, Don Casey, efficient instantly, and that Casey may also stop to function a member of the Company’s Board.
Following this information, shares of Dentsply Sirona dropped sharply by $6.52 per share, over 13%, to shut at $42.20 per share on April 19, 2022.
For extra data on the Dentsply Sirona investigation go to: https://bespc.com/cases/XRAY
IonQ, Inc. (NYSE: IONQ)
On May 3, 2022, Scorpion Capital launched a 183-page quick report relating to IonQ’s administration, operations, and enterprise. The Scorpion Capital report said that “We performed 25 analysis interviews together with 7 former staff and executives; 11 main quantum computing consultants together with seminal names in the discipline, some who’ve printed papers with IonQ’s founders and are intimately accustomed to its know-how; and 5 of its key “clients” and companions. We consider our analysis represents the most in-depth due diligence to date on IonQ, main us to conclude it’s simply one other VC-backed SPAC rip-off.”
Following this information, IonQ’s inventory closed down 9.03%, to shut at $7.15 per share on May 3, 2022.
For extra data on the IonQ investigation go to: https://bespc.com/cases/IONQ
Singularity Future Technology, Inc. (NASDAQ: SGLY)
On May 5, 2022, Hindenburg Research (“Hindenburg”) printed a report entitled “Singularity Future Technology: This Nasdaq-Listed Company’s CEO Is a fugitive, on the Run for Allegedly Operating a Massive Ponzi Scheme.’ The Hindenburg report alleged, amongst different issues, that ‘singularity’s CEO, Yang Jie, is a fugitive on the run from Chinese authorities for operating an alleged $300 million Ponzi scheme that lured in over 20,000 victims” and “fled to the U.S. whereas at the least 28 different people concerned in the case had been sentenced to jail phrases starting from 6 months to 15 years.” The Hindenburg report additional alleged that “Singularity’s huge [cryptocurrency] mining rig deal seems to be a brazen undisclosed associated occasion deal” and that “[w]e see little proof that Singularity’s ‘proprietary’ crypto mining rigs ever existed in the first place. The pictures and descriptions of Singularity’s miners match exactly with one other model known as KOI Miner.”
On this information, Singularity’s inventory worth fell $1.95 per share, or 28.89%, to shut at $4.80 per share on May 5, 2022.
For extra data on the Singularity Future investigation go to: https://bespc.com/cases/SGLY
Clariant AG (OTCMKTS: CLZNY)
On February 14, 2022, Swiss chemical maker, Clariant AG, disclosed that it’ll delay issuing This fall 2021 and full yr 2021 monetary outcomes due an ongoing inside investigation into potential accounting fraud.
Clariant AG is investigating inside whistleblower complaints that the firm has recognized about since September 2021, pertaining to reserving points aimed toward boosting outcomes to meet targets.
On this information, shares of Clariant AG ADR shares fell greater than 14% in intraday buying and selling on February 14, 2022.
For extra data on the Clariant investigation go to: https://bespc.com/cases/CLZNY
About Bragar Eagel & Squire, P.C.:
Bragar Eagel & Squire, P.C. is a nationally acknowledged regulation agency with places of work in New York, California, and South Carolina. The agency represents particular person and institutional buyers in business, securities, spinoff, and different advanced litigation in state and federal courts throughout the nation. For extra details about the agency, please go to www.bespc.com. Attorney promoting. Prior outcomes don’t assure comparable outcomes.
Contact Information:
Bragar Eagel & Squire, P.C.
Brandon Walker, Esq.
Melissa Fortunato, Esq.
(212) 355-4648
[email protected]
www.bespc.com
https://www.streetinsider.com/Globe+Newswire/Bragar+Eagel+%26+Squire%2C+P.C.+Is+Investigating+Dentsply+Sirona%2C+IonQpercent2C+Singularity+Future%2C+and+Clariant+and+Encourages+Investors+to+Contact+the+Firm/20147610.html
