Did You Lose Money Investing in D-Wave Quantum (QBTS)?
A securities class action has been filed on behalf of those who purchased or otherwise acquired D-Wave Quantum Inc. (“D-Wave” or the “Company”) (NASDAQ: QBTS) securities between February 26, 2026 and August 25, 2026, both dates inclusive (the “Class Period”).
The action, Fessler v. D-Wave Quantum Inc., et al., Case No. 5:26-cv-11953, was filed on October 15, 2026 in the U.S. District Court for the Northern District of California, seeking to recover damages caused by Defendants’ alleged violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder, against the Company and certain of its senior officers.
What Does the D-Wave Quantum Securities Class Action Allege?
According to the complaint, throughout the Class Period, Defendants made materially false and/or misleading statements concerning the Company’s business, operations, and compliance policies. Specifically, Defendants allegedly made false and/or misleading statements and/or failed to disclose that 1) Defendants materially overstated D- Wave’s business and financial prospects; 2) the foregoing was reasonably likely to negatively impact the Company’s business and reputation; and 3) as a result, Defendants’ public statements were materially false and misleading at all relevant times.
December 14, 2026 Lead Plaintiff Deadline
D-Wave investors have until December 14, 2026 to move the Court to seek appointment as lead plaintiff. Investors do not need to seek appointment as lead plaintiff to remain a member of the proposed class.
D-Wave Investors: Contact Kehoe Law Firm
If you purchased D-Wave Quantum securities during the Class Period and suffered financial losses, you are encouraged to complete Kehoe Law Firm’s confidential Stockholder Information Request Form or send us a message to learn more about the class action and your legal rights.
For a free, no-obligation legal evaluation, contact:
Michael Yarnoff, Esq.
(215) 792-6676, Ext. 804
[email protected]
[email protected]
About Kehoe Law Firm, P.C.
Kehoe Law Firm, P.C. is a nationally recognized, plaintiff-side class action law firm representing investors, consumers, and employees in matters involving securities fraud, corporate misconduct, mergers and acquisitions, antitrust violations, whistleblower claims, data breaches, consumer fraud, employment law violations, as well as ERISA and retirement plan litigation. Its attorneys have served as lead or co-lead counsel in major securities cases, recovering more than $10 billion for institutional and individual investors.
Kehoe Law Firm’s class action legal services are provided on a contingency-fee basis, meaning plaintiffs are not responsible for attorneys’ fees or litigation expenses. Any request for attorneys’ fees and expenses will be subject to court approval.
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