Investigative Firm Probes Potential Fraud at D-Wave Quantum Inc
News provided byD-Wave Quantum Inc · 1 min read
NEW YORK, Sept. 3, 2026 /CourierPR/ -- Investigative firm Pomerantz LLP is probing potential securities fraud claims involving D-Wave Quantum Inc. (NASDAQ: QBTS), advising investors to seek legal counsel. The investigation focuses on whether D-Wave and its officers or directors have engaged in illegal business practices.
On August 6, 2026, D-Wave reported its second-quarter financial results for the year 2026, revealing revenue of $3.08 million, down from $3.1 million in the same period last year. This figure fell short of analyst expectations, which ranged from $4.03 million to $4.08 million. Following the announcement, D-Wave's stock price dropped $1.99 per share, or 9.28%, closing at $19.41 per share.
On August 25, 2026, D-Wave issued another press release announcing the retirement of John Markovich, who resigned from his position as Chief Financial Officer effective September 2, 2026. This news led to a further decline in D-Wave's stock price, with the share price falling $1.84 per share, or 9.51%, to close at $17.51 per share on August 26, 2026.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, has a history of leading major corporate and securities class actions. Founded by Abraham L. Pomerantz, the firm has a reputation for fighting for the rights of victims of securities fraud and corporate misconduct.
The firm's background, including its founding and significant legal achievements, can be found on its website at www.pomlaw.com.
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