Kessler Topaz Meltzer & Check, LLP is investigating D-Wave Quantum Inc. for potential federal securities law violations. The probe follows significant financial losses reported by investors.
D-Wave reported second-quarter revenue of $3.08 million. The company announced these results on August 6, 2026. The figures missed analyst expectations. Shares fell by over 9% following the news.
The company announced the resignation of its CFO on August 25, 2026. The departure becomes effective on September 2, 2026. The stock price dropped an additional 9% after the announcement.
Legal & General Group Plc acquired a new stake in D-Wave during the second quarter. The firm purchased 280,646 shares. The investment is valued at approximately $6.73 million.