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Class action lawsuit filed against D-Wave Quantum over alleged misleading financial disclosures

Market News
16 Oct 2026
GlobeNewsWire
View Source
Bearish
Class action lawsuit filed against D-Wave Quantum over alleged misleading financial disclosures

A class action lawsuit has been filed against D-Wave Quantum Inc. alleging that the company and its executives overstated operational and financial prospects, misleading investors. The lawsuit covers purchases of D-Wave securities from February 26 to August 25, 2026, and claims that the truth emerged when D-Wave reported disappointing Q2 2026 revenue and announced the CFO's retirement. Following these events, D-Wave's stock price dropped significantly. Investors affected are encouraged to contact the law firm before the December 14, 2026 deadline to participate in the case.

D-Wave Quantum Inc (QBTS) shares are currently priced at USD 11.95 on Pluang as of October 16, 2026, 23:01 WIB. The stock has experienced a 6.75% decline in the past day, reflecting recent market reactions. Trading volume stands at 23,659,204 with a market cap of $4.86 billion, and most Pluang investors have held their positions for about 33 days.

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