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Class action lawsuit filed against D-Wave Quantum over alleged false statements and stock drops in 2026

Market News
16 Oct 2026
GlobeNewsWire
View Source
Bearish
Class action lawsuit filed against D-Wave Quantum over alleged false statements and stock drops in 2026

A class action lawsuit has been filed against D-Wave Quantum Inc. and some of its officers for allegedly making false and misleading statements about the company's business and financial prospects between February and August 2026. The lawsuit claims D-Wave overstated its performance, which led to significant stock price drops after disappointing revenue reports and the CFO's resignation. Investors who bought D-Wave securities during this period may be eligible to join the lawsuit and seek damages, with a lead plaintiff deadline of December 15, 2026. The case is pending in the U.S. District Court for the Northern District of California.

Following the announcement of the class action lawsuit against D-Wave Quantum Inc., the stock has seen notable activity on Pluang. As of Oct 16, 2026 22:31 WIB, QBTS trades at USD 12.11, down 5.50% for the day, close to its 52-week low of USD 12.03. The stock's market cap stands at $4.86 billion, with a typical hold time of 33 days and a strong buy interest at 74% of order activity on Pluang.

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