DVLT INVESTOR DEADLINE APPROACHING: Faruqi & Faruqi, LLP Reminds Datavault AI Investors of Securities Class Action Lawsuit Deadline on October 5, 2026

Faruqi & Faruqi, LLP is investigating potential claims against Datavault AI Inc. (NASDAQ: DVLT) and reminds investors of the October 5, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.

The complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) Defendants had overstated the economic value to Datavault AI of its various corporate partnerships with, inter alia, Burke, Scilex, and Nature's Miracle; (2) Defendants had overstated the volume of trading activity on the Datavault Platform, which was in fact minimal; (3) the Company's undisclosed connections with Withrow, a convicted felon, when revealed, would cause Datavault AI to incur reputational harm; (4) as a result, Defendants' public statements were materially false and misleading at all relevant times.

On October 31, 2025, Wolfpack Research published a short report on Datavault AI alleging, among other things, that Datavault AI was a "stock promotion" that relied on misleading press releases and "empty claims" concerning artificial intelligence, quantum computing, Web 3.0, and data monetization, and raising concerns about the Company's partnerships, blockchain platform trading activity, and leadership affiliations with a convicted felon. On this news, Datavault AI's stock price fell $0.49 per share, or 19.44%, to close at $2.03 per share on October 31, 2025.

Faruqi & Faruqi, LLP has filed a securities class action lawsuit alleging that Datavault AI Inc. (NASDAQ: DVLT) and certain of its officers and directors made materially false and misleading statements during the Class Period. The complaint alleges that Defendants overstated the economic value of Datavault AI's corporate partnerships, including those with Burke, Scilex, and Nature's Miracle. The lawsuit further alleges that Defendants overstated the volume of tradin...