Class action lawsuit filed against Datavault AI over alleged misstatements

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Summary · why it matters

A shareholder class action lawsuit has been filed against Datavault AI Inc., alleging the company made false and misleading statements and failed to disclose material adverse facts. The suit claims Datavault AI overstated the economic value of corporate partnerships with Burke, Scilex, and Nature's Miracle, exaggerated trading volume on its platform, and concealed connections to a convicted felon that caused reputational harm. Investors who purchased shares between September 4, 2024 and October 30, 2025 and suffered losses are encouraged to contact Holzer & Holzer, LLC. The deadline to seek lead plaintiff appointment is October 5, 2026.

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Class action lawsuit alleges false statements and undisclosed adverse facts.

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