A class-action lawsuit has been filed against D-Wave Quantum Inc. and some of its executives. It alleges they made false or misleading statements about the company’s business and financial prospects, overstating its operational performance from February through August 2026.
The suit claims the alleged truth came to light after disappointing second-quarter 2026 revenue and the announcement of the CFO’s retirement. It says the news led to a significant drop in D-Wave’s stock price. Shares fell more than 5% during trading on October 16, 2026.