QBTS SHAREHOLDER ACTION REMINDER: Faruqi & Faruqi, LLP Reminds D-Wave Quantum Investors of Securities Class Action Lawsuit Deadline on December 15, 2026

Faruqi & Faruqi says it is investigating potential claims against D-Wave Quantum and notes that a federal securities class action has been filed against the company. Investors who acquired securities from February 26 through August 25, 2026, may contact the firm; the deadline to seek lead-plaintiff status is December 15, 2026.

Analysis

This is a legal-overhang signal, not evidence by itself of operational deterioration or securities-law liability: the release gives no allegations, claimed loss magnitude, or underlying corrective disclosure. Near term, the main mechanism is headline-driven volatility and possible risk-premium expansion in QBTS; the economic impact depends on the complaint’s substance, court rulings, and any eventual resolution, none of which is established here. The December 15 lead-plaintiff deadline is a procedural marker, not a merits decision. Over the next 1–3 months, review the complaint and subsequent court filings for specific alleged misstatements, the relevant period, and any company response. Over 6–18 months, dismissal, discovery, or settlement developments could change the perceived liability and governance burden. The contrarian point is that a law-firm investor solicitation is not independent confirmation of wrongdoing, so treating it as a standalone short thesis risks confusing routine litigation process with a fundamental catalyst. No valuation or financial exposure can be assessed from the supplied information.

Key Decisions for Investors

• Do not establish or add to a QBTS short solely on this solicitation. Treat any immediate selloff as a potential volatility event unless the complaint contains substantiated, company-specific disclosures that alter the investment thesis.
• For existing QBTS exposure, monitor the complaint, company filings, and court docket through and after the December 15, 2026 lead-plaintiff deadline; reassess only when allegations and procedural outcomes are verifiable.
• Alert trigger: escalate the risk assessment if a court declines to dismiss material claims or if filings identify alleged disclosures that could require a company response or financial restatement. A dismissal of the core claims would weaken the litigation-overhang thesis.
• Before sizing any event-driven position, verify the complaint’s alleged conduct, the securities and dates covered, the company’s response, and any disclosed insurance or expected litigation costs; these details are absent from the release.