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Press release content from Globe Newswire. The AP news staff was not involved in its creation.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of IronNet, Inc. - IRNT

September 21, 2022 GMT

NEW YORK, Sept. 21, 2022 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of IronNet, Inc. (“”IronNet” or the “Company”) (NYSE: IRNT).   Such investors are advised to contact Robert S. Willoughby at   newaction@pomlaw.com or 888-476-6529, ext. 7980.

The investigation concerns whether IronNet and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. 

[Click here for information about joining the class action]

On September 14, 2022, IronNet disclosed the impending departures of co-Chief Executive Officer William Welch and Chief Financial Officer James Gerber and stated that the Company would cut a total of 35% of its workforce, or about 110 jobs. 

On this news, IronNet’s stock price fell $0.99 per share, or 44.77%, to close at $1.22 per share on September 15, 2022.

Pomerantz LLP, with offices in New York, Chicago, Los Angeles, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.

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CONTACT:
Robert S. Willoughby
Pomerantz LLP
rswilloughby@pomlaw.com
888-476-6529 ext. 7980