Step 1
Unite with Fellow Investors
Step 2
Choose the Best Attorney
Step 3
Provide Documents
Step 4
Follow Case Progress
Step 5
Get Payout
ARQQ.US
id: 194, Created by Stan Vick Chase, Scout
Arqit Quantum Inc
How it works?
- We find Attorney for the Case
- Attorney files case on behalf of Investors
- You get updates and receive payout in case of success
Would it cost me anything?
- No, you do not pay anything out of your pocket neither to us, nor to Attorney
- Attorneys get % fee in case of success
- Platform charges service fee from Attorneys
What are the chances for success?
Every Case is unique, but statistically, 47% of Cases end up with a settlement.
Please see below recent successful cases:
How it works?
- We find Attorney for the Case
- Attorney files case on behalf of Investors
- You get updates and receive payout in case of success
Would it cost me anything?
- No, you do not pay anything out of your pocket neither to us, nor to Attorney
- Attorneys get % fee in case of success
- Platform charges service fee from Attorneys
What are the chances for success?
Every Case is unique, but statistically, 47% of Cases end up with a settlement.
Please see below recent successful cases:
On April 18, 2022, The Wall Street Journal released an article stating that "Arqit has given investors an overly optimistic view of its future revenue and the readiness and workability of its signature encryption system, according to former employees and other people familiar with the company, and documents viewed by The Wall Street Journal."
On this news, ARQQ lost 17.1% or $313 mn of capitalization.
Going back, "a U.K. cybersecurity startup rocketed to a multibillion-dollar valuation when it listed publicly last fall on the promise of making encryption technology that would protect the defense industry, corporations, and consumers alike from the prying eyes of next-generation computer systems. Founder and CEO David Williams told investors at the time that his company had an “impressive backlog” of revenue and was ready “for hyperscale growth."
Taking into account all the statements and facts, there are suspicions to believe that the Company has significantly misinformed investors about the real prospects.
Alleged Offence
Misleading Statements,
Financial Misrepresentation,
Failure to Disclose,
Insider Trading,
Negligence,
Omissions
Suspected Party
Directors,
Management,
Influencer
Security Type
Stocks
Trade Direction
Long
Shock Event Date
18 April 2022