New York, New York--(Newsfile Corp. - October 20, 2026) - Kaplan Fox & Kilsheimer LLP announces that a class action lawsuit has been filed against D-Wave Quantum Inc. ("D-Wave" or the "Company") (NASDAQ: QBTS) on behalf of investors that purchased or otherwise acquired D-Wave securities between February 26, 2026 and August 25, 2026 (the "Class Period").

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If you are an investor in D-Wave and have suffered losses, you may CLICK HERE to contact us. You may also contact Kaplan Fox by emailing pmayer@kaplanfox.com or by calling (646) 315-9003.

DEADLINE REMINDER: If you are a member of the proposed Class, you may move the court no later than December 14, 2026 for an opportunity to be lead plaintiff for the purported class. If you have losses we encourage you to contact us to learn more about the lead plaintiff process. You need not seek to become a lead plaintiff in order to share in any possible recovery.

The complaint alleges that throughout the Class Period, Defendants materially overstated D-Wave's operational and financial prospects.

According to the complaint, the truth started to emerge on August 6, 2026, when D-Wave announced its financial results for the second quarter of 2026, including reporting revenue of just $3.08 million, compared to $3.1 million for the same period in the prior year, falling short of analyst expectations ranging from $4.03 million to $4.08 million. On this news, D-Wave's stock price declined $1.98 per share, or 9.28%, to close at $19.41 per share on August 6, 2026.

Then, on August 25, 2026, the complaint alleges D-Wave issued a press release "announc[ing] that John Markovich is retiring and thus resigning from his position as Chief Financial Officer effective September 2, 2026." Following this news, D-Wave's stock price fell $1.84 per share, or 9.51%, closing at $17.51 per share on August 26, 2026.

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https://www.kaplanfox.com/case/d-wave-quantum-qbts-class-action-lawsuit-kaplan-fox/

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Source: Kaplan Fox & Kilsheimer LLP