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D-Wave Quantum, Inc. (NASDAQ: QBTS)

Case Details

Join The Class Action

This lawsuit is for anyone who acquired securities in D-Wave Quantum, Inc. (NASDAQ: QBTS) from February 26, 2026 through August 25, 2026.

The lawsuit alleges that the Company and certain of its executives violated federal law. Specifically, the lawsuit alleges that, throughout the time period mentioned above, the Company misled investors regarding its financial condition. More specifically, the lawsuit alleges that the Company materially overstated its business prospects.

On August 6, 2026, D-Wave reported its second quarter of 2026 financial results. Among other things, D-Wave issues revenue of only $3.08 million, compared to $3.1 million for the same period in 2025. On this news, the price of the Company’s stock dropped precipitously on unusually heavy trading volume. Then, on August 25, 2026, 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.” On this news, the price of the Company’s stock again dropped precipitously on unusually heavy trading volume.

The Law Offices of Howard G. Smith seeks to recover damages on behalf of class members. If you acquired securities in D-Wave Quantum, Inc. (NASDAQ: QBTS) from February 26, 2026 through August 25, 2026 you may join the lawsuit by submitting your information online, or you may call the Law Offices of Howard G. Smith and speak to Mr. Smith directly to learn how he can protect your rights.