#United States #San Diego #Robbins LLP #D-Wave Quantum #QBTS

Class Action Lawsuit Alert for D-Wave Quantum Investors

On October 16, 2026, shareholder rights law firm Robbins LLP announced that a class action lawsuit has been filed on behalf of all individuals who bought or otherwise acquired shares of D-Wave Quantum Inc. (NYSE: QBTS) during the period from February 26, 2026, to August 25, 2026. The lawsuit targets claims that D-Wave Quantum misrepresented its business prospects to investors.

Allegations Against D-Wave Quantum

According to court documents, the lawsuit alleges that D-Wave significantly overstated its financial outlook and business prospects, which may have had negative repercussions for the company's operations and market reputation. Specific allegations include failures to disclose the following:

• - That D-Wave's claims about its business performance were inflated.
• - The potential consequences of these misrepresentations were likely to adversely affect the company's business standing and public perception.

Such failure to disclose crucial information led to materially false statements that affected the investing decisions of shareholders during the class period.

Stock Price Decline

D-Wave's stock saw a notable decline starting from August 6, 2026, when the company issued its second-quarter financial results. The reported revenue was only $3.08 million, barely matching the $3.1 million recorded for the same quarter the previous year, and falling short of analysts' expectations which ranged between $4.03 million and $4.08 million. Following this disappointing report, D-Wave's stock price dropped by $1.99, amounting to a 9.28% decline, closing at $19.41.

The situation worsened on August 25, 2026, when D-Wave announced that John Markovich would retire from his position as Chief Financial Officer, effective September 2, 2026. This news further impacted investor confidence, causing D-Wave's stock to decrease by an additional $1.84, or 9.51%, resulting in a closing price of $17.51 per share on August 26, 2026.

Options for Shareholders

Investors who acquired D-Wave securities within the defined class period and experienced losses due to the alleged misrepresentations can explore their options of becoming a lead plaintiff. A lead plaintiff is typically appointed by the court to represent the entire class of affected investors throughout the lawsuit process. Individuals who wish to pursue this path should reach out to Robbins LLP before December 15, 2026.

It's important to note that investors are not required to take on the lead plaintiff role to benefit from any potential recovery in a settlement. Those who do not wish to assume an active role can still remain part of the class and may recover losses if the case is resolved in favor of the plaintiffs.

No Fees for Participation

Robbins LLP operates on a contingency basis, meaning that there are no upfront fees or costs for investors wishing to participate in the class action. This structure allows shareholders to pursue their claims without financial risk.

Interested parties are encouraged to contact Robbins LLP for further information regarding the class action lawsuit against D-Wave Quantum Inc. Investors can inquire by submitting a request, emailing attorney Aaron Dumas, or calling the dedicated contact number.

Why Choose Robbins LLP?

Robbins LLP is recognized as a leading firm in the field of shareholder rights litigation, having successfully helped restore over $2 billion in shareholder value and achieving several landmark recoveries in derivative litigation cases. The firm's commitment emphasizes the obligation of companies to provide transparent and accurate information to their investors to ensure fair and effective market operation.

For updates on whether settlements occur in the D-Wave Quantum case or to receive alerts on corporate misconduct by executives, investors may also consider signing up for Stock Watch services offered by Robbins LLP.