Deadline Alert: D-Wave Quantum, Inc. Stockholders Face December 15, 2026 Lead Plaintiff Deadline in Securities Fraud Class Action, The Law Offices of Howard G. Smith Highlights

BENSALEM, Pa.--( BUSINESS WIRE)--D-Wave Quantum, Inc. ("D-Wave" or the "Company") (NASDAQ: QBTS) investors who wish to serve as lead plaintiff in a pending securities fraud class action lawsuit must move the Court by December 15, 2026. The suit was filed on behalf of investors who purchased or otherwise acquired the Company's securities from February 26, 2026 through August 25, 2026, inclusive. The Law Offices of Howard G. Smith today highlighted the deadline in the case, Fessler v. D-Wave Quantum, Inc. et al., which was filed on October 15, 2026 in the U.S. District Court California Northern District (Case No. 3:26-cv-11953).

Investors with losses on D-Wave Quantum, Inc. securities can reach The Law Offices of Howard G. Smith about the D-Wave Quantum, Inc. lawsuit before the December 15, 2026 deadline to discuss potential claims under the federal securities laws.

Key deadline for D-Wave Quantum, Inc. investors

What happened?

On August 6, 2026, D-Wave reported its second quarter of 2026 financial results. Among other things, D-Wave issues revenue of only $3.08 million, compared to $3.1 million for the same period in 2025.

On this news, D-Wave's stock price fell $1.98 per share, or 9.28%, to close at $19.41 per share on August 6, 2026, thereby injuring investors.

Then, on August 25, 2026, D-Wave issued a press release “announc[ing] that John Markovich is retiring and thus resigning from his position as Chief Financial Officer effective September 2, 2026.”

On this news, D-Waves stock price fell $1.84 per share, or 9.51%, to close at $17.51 per share on August 26, 2026, thereby further injuring investors

Allegations in the D-Wave Quantum, Inc. case

The D-Wave Quantum, Inc. shareholder lawsuit alleges that, throughout the class period, defendants made materially false and/or misleading statements and failed to disclose material adverse facts about D-Wave Quantum, Inc.'s business, operations, and prospects. Specifically, the complaint alleges defendants failed to disclose to investors 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' positive statements about D-Wave Quantum, Inc.'s business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.

D-Wave Quantum, Inc. investors who purchased or otherwise acquired securities during the class period may move the Court by December 15, 2026 to seek appointment as lead plaintiff in this putative class action.

"The lawsuit against D-Wave Quantum, Inc. alleges that, among other things, the Company failed to tell investors that Defendants materially overstated D-Wave’s business and financial prospects. D-Wave Quantum, Inc. investors who bought during the class period may want to know their options before the December 15, 2026 lead plaintiff deadline passes," said Howard G. Smith of The Law Offices of Howard G. Smith.

Next steps for D-Wave Quantum, Inc. investors

D-Wave Quantum, Inc. investors who suffered losses may contact The Law Offices of Howard G. Smith to learn about pursuing their claims. Lead plaintiff motions in the D-Wave Quantum, Inc. class action are due to the Court by December 15, 2026. For more information, visit the firm's website, email howardsmith@howardsmithlaw.com, or call (215) 638-4847.

To be a member of the D-Wave Quantum, Inc. class, you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent class member. No class has been certified so far in the D-Wave Quantum, Inc. case.

Common questions from D-Wave Quantum, Inc. investors

Who is eligible? Investors who acquired D-Wave Quantum, Inc. securities from February 26, 2026 through August 25, 2026 and suffered losses may qualify for the class in the D-Wave Quantum, Inc. shareholder lawsuit.

What is the deadline? Lead plaintiff motions in the D-Wave Quantum, Inc. case are due by December 15, 2026.

Can I still be part of the D-Wave Quantum, Inc. class after the deadline? Yes, D-Wave Quantum, Inc. investors who do not seek lead plaintiff appointment may remain class members.

Does it cost anything? The Law Offices of Howard G. Smith works on contingency, meaning D-Wave Quantum, Inc. investors owe no attorneys' fees out of pocket. Any attorneys' fees and litigation expenses are paid solely from a recovery, if achieved, and require court approval.

About The Law Offices of Howard G. Smith

The Law Offices of Howard G. Smith has helped injured investors recover their money for more than 15 years. The firm prosecutes securities fraud, takeover, and derivative litigation against public companies and their officers, directors, and advisors in federal and state courts nationwide, and has helped clients recover hundreds of millions of dollars in losses. Clients speak directly with a lawyer, who will promptly answer any question.

Prior results do not guarantee a similar outcome.

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