
DVLT DEADLINE ALERT: Faruqi & Faruqi, LLP Reminds Datavault AI Investors of Securities Class Action Lawsuit Deadline on October 5, 2026
Newsfile Corp
公開日時: Sep 08, 2026, 05:20 PM
Sentiment Analysis
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Datavault AI To Contact Him Directly To Discuss Their Options If you purchased or acquired securities in Datavault AI between September 4, 2024 and October 30, 2025 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310) .
New York, New York--(Newsfile Corp. - September 8, 2026) - Faruqi & Faruqi, LLP , a leading national securities law firm, is investigating potential claims against Datavault AI Inc. ("Datavault AI" or the "Company") (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.
As detailed below, 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.
The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.
Faruqi & Faruqi, LLP also encourages anyone with information regarding Datavault AI's conduct to contact the firm, including whistleblowers, former employees, shareholders and others. To learn more about the Datavault AI class action, go to www.faruqilaw.com/[DVLT](/www.schallfirm.com%EF%BC%89%E3%82%84%E3%83%A1%E3%83%BC%E3%83%AB%EF%BC%88%5Bemail%C2%A0protected%5D%EF%BC%89%E3%81%A7%E3%82%82%E5%95%8F%E3%81%84%E5%90%88%E3%82%8F%E3%81%9B%E3%82%92%E5%8F%97%E3%81%91%E4%BB%98%E3%81%91%E3%81%A6%E3%81%84%E3%81%BE%E3%81%99%E3%80%82/us/DVLT) or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310) .
What is the Datavault AI securities fraud lawsuit about? 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 trading...
Source: Newsfile Corp
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