Class Action Lawsuit Filed Against Datavault AI Inc.
Pomerantz LLP has filed a class action lawsuit against Datavault AI Inc. (NASDAQ: DVLT) and certain officers, alleging violations of federal securities laws between September 4, 2024, and October 30, 2025. The case seeks to recover damages for investors who purchased or acquired the company's securities during this period. Investors have until October 5, 2026, to request appointment as Lead Plaintiff. The lawsuit highlights undisclosed past SEC violations by Datavault AI’s CEO and a former executive with criminal convictions related to financial fraud. The firm also failed to disclose these issues when announcing key partnerships in July and September 2025 that were intended to boost investor confidence.
Tickers: $DVLT