San Diego, October 16, 2026 /PRNewswire/ — The shareholder rights law firm Robbins LLP reminds investors that it has filed a class action lawsuit on behalf of all persons who purchased or otherwise acquired D-Wave (NYSE: QBTS) securities between February 26, 2026, and August 25, 2026, inclusive (the “Class Period”). D-Wave is a company engaged in quantum computing.
The complaint alleges that D-Wave overstated its business and financial prospects.
Robbins LLP advises investors who purchased D-Wave Quantum Inc. securities during the class period and suffered significant losses to contact the firm by December 15, 2026, for information regarding the lawsuit.
Why is D-Wave being sued?
According to the complaint, during the class period, the defendants failed to disclose the following:
- The defendant significantly overstated D-Wave's business and financial prospects;
- The above situation is likely to have a negative impact on the company's business and reputation;
- Therefore, all public statements made by the defendant during all relevant periods were materially false and misleading.
Why is D-Wave's stock price declining?
According to the complaint, the truth began to emerge on August 6, 2026, when D-Wave announced its financial results for the second quarter of 2026. Among other things, D-Wave reported revenue of just $3.08 million, compared to $3.10 million in the same period a year earlier, below analysts’ expectations of $4.03 million to $4.08 million. In response to this news, D-Wave’s stock price fell $1.99 per share, or 9.28%, closing at $19.41 per share on August 6, 2026.
On August 25, 2026, D-Wave issued a press release announcing that John Markovich would retire and consequently step down as Chief Financial Officer, effective September 2, 2026. In response to this news, D-Wave’s stock price declined by $1.84 per share, or 9.51%, closing at $17.51 per share on August 26, 2026.
What can D-Wave shareholders do now?
Investors who purchased D-Wave Quantum Inc. securities during the class period may be eligible to serve as lead plaintiff. The lead plaintiff is an investor appointed by the court to represent the interests of all class members throughout the litigation. Shareholders interested in applying to serve as lead plaintiff should contact Robbins LLP before the December 15, 2026 deadline for information regarding the appointment process.
Shareholders do not need to serve as lead plaintiffs to share in any potential recovery. Investors who do not apply for appointment may still participate as absent class members.
Is there a fee to participate?
No. Robbins LLP represents investors on a contingency fee basis, with no upfront costs and no out-of-pocket expenses for investors.
Contact Robbins LLP
Investors seeking further information regarding the securities class action against D-Wave Quantum Inc. may submit an inquiry, email attorney Aaron Dumas, Jr., or call Robbins LLP at (800) 350-6003.
Why choose Robbins LLP?
Robbins LLP, a nationally recognized leader in shareholder rights litigation, represents plaintiffs in securities fraud and derivative lawsuits and has helped shareholders recover over $2 billion in value, securing some of the largest recoveries in the history of shareholder derivative litigation.
“Companies have an obligation to provide investors with complete and accurate information so that the market can operate fairly and efficiently,” said Brian J. Robbins, founding partner of Robbins LLP.
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