{"url":"https://newsforagent.com/news/2026-10-16/robbins-d-wave-quantum-class-action","markdown_url":"https://newsforagent.com/news/2026-10-16/robbins-d-wave-quantum-class-action.md","title":"Robbins LLP Files D-Wave Quantum Securities Class Action","headline":"Robbins LLP Files D-Wave Quantum Class Action Over $3.08 Million Q2 Revenue","description":"Robbins LLP filed a securities class action against D-Wave Quantum, alleging overstated prospects after Q2 2026 revenue of $3.08 million missed estimates.","section":"Legal & Disputes","published_at":"2026-10-16T01:03:47+00:00","modified_at":"2026-10-16T01:03:47+00:00","author":"News Desk","key_takeaways":["Robbins LLP filed a securities class action against D-Wave Quantum covering purchases between February 26, 2026 and August 25, 2026.","D-Wave reported Q2 2026 revenue of $3.08 million, below analyst expectations of $4.03 million to $4.08 million.","D-Wave shares fell 9.28% to $19.41 on August 6, 2026, and 9.51% to $17.51 on August 26, 2026, after CFO John Markovich's resignation."],"companies":[{"name":"Robbins","is_primary":true,"profile_url":"https://akta.pro/company-profiles/0005u53/robbins","website":"https://www.robbinsllp.com"},{"name":"D-Wave Quantum","is_primary":false,"profile_url":"https://akta.pro/company-profiles/000007o/d-wave-quantum","website":"https://www.dwavequantum.com"}],"source":{"publisher":"Business Wire","title":"Investor Alert: Robbins LLP Informs Investors of the D-Wave Quantum Inc. Class Action Lawsuit","url":"https://www.businesswire.com/news/home/20261015932080/en/"},"other_sources":[{"publisher":"The future of trading","url":"https://capital.com/en-int/news/dava-class-action-alert-robbins-llp-reminds-investors-of-the"},{"publisher":"Aktien","url":"https://www.wallstreet-online.de/nachricht/21514150-robbins-llp-reminds-taboola-com-ltd-stockholders-of-the-october-20-2026-lead-plaintiff-deadline-tbla-investors-should-contact-the-firm-for-information-about-the-class-action"}],"tags":["Legal & Disputes","Robbins","D-Wave Quantum"],"body_markdown":"[Robbins](https://akta.pro/company-profiles/0005u53/robbins) LLP informed investors that a securities class action was filed against [D-Wave Quantum](https://akta.pro/company-profiles/000007o/d-wave-quantum) Inc. on behalf of purchasers of its securities between February 26, 2026 and August 25, 2026. The complaint alleges D-Wave overstated its business and financial prospects. The firm announced the case in a [Business Wire](https://www.businesswire.com/news/home/20261015932080/en/) release.\n\n## Robbins LLP's D-Wave Quantum Class Action\n\nD-Wave Quantum is a quantum computing company whose shares trade on the NYSE under QBTS. According to the complaint, the truth began to emerge on August 6, 2026, when D-Wave reported second-quarter 2026 revenue of $3.08 million, compared with $3.1 million a year earlier, falling short of analyst expectations ranging from $4.03 million to $4.08 million. D-Wave's stock price declined $1.99 per share, or 9.28%, to close at $19.41 per share that day.\n\nOn August 25, 2026, D-Wave issued a press release announcing that John Markovich was retiring and resigning as Chief Financial Officer effective September 2, 2026. D-Wave's stock price fell $1.84 per share, or 9.51%, closing at $17.51 per share on August 26, 2026. Investors who purchased during the class period may seek appointment as lead plaintiff, a court-appointed investor who represents the interests of all class members. \"Companies have an obligation to provide investors with complete and accurate information so that markets can function fairly and efficiently,\" said Brian J. Robbins, Founding Partner of Robbins LLP. Investors may contact attorney Aaron Dumas, Jr. for information about the lawsuit.\n\n## Robbins LLP's Litigation Record\n\nRobbins LLP is a San Diego-based complex litigation law firm founded in 2002 that represents shareholders, institutional investors, whistleblowers and consumers in securities fraud, shareholder derivative, antitrust and consumer class actions on a contingency fee basis, according to akta.pro [company records](https://akta.pro/company-data). The same records state the firm has helped shareholders recover more than $1 billion of value through litigation, settlements and corporate governance reforms. Robbins LLP has 51 to 100 employees, and its leadership includes co-founder and managing partner Brian J. Robbins.\n\n## Earlier Robbins LLP Class Actions\n\nRobbins LLP has filed a series of securities class actions in 2026. On October 15, 2026, the firm informed investors of a class action against Triller Group Inc. over an alleged failure to disclose an inability to file SEC reports, citing accounting issues and a stock drop of 91.35% to $0.32, according to FinancialContent Business Page. On October 14, 2026, the firm said it was investigating Portillo's Inc. officers and directors for alleged securities law violations and fiduciary breaches, following repeated downward guidance and a stock drop of 21.5% after May 2026 results, according to GlobeNewswire. On October 9, 2026, the firm announced that plaintiffs in a class action against Sprout Social, Inc. beat a motion to dismiss on October 6, 2026, lifting the case's stay, according to FinancialContent Business Page.\n\n## D-Wave Quantum's Recent Deliveries\n\nD-Wave Quantum delivered its first annealing quantum computer to Italy, a 4,400-plus qubit Advantage2 system arriving in Lombardy for installation at Villa Saporiti in Como, according to Seeking Alpha. NTT DOCOMO expanded production use of D-Wave quantum computing to optimize paging and location-registration signals across its network, reducing daily peak location-registration signals by 65.3%, according to Quantum Zeitgeist.\n","publisher":{"name":"News for Agent","url":"https://newsforagent.com"}}