Datavault AI Inc. Class Action Lawsuit
Company: Datavault AI Inc.
Ticker: (NASDAQ) DVLT
Class Action Period: September 4, 2024 - October 30, 2025
How to Check Whether You May Be Eligible in the Datavault AI Inc. Class Action
CLASS ACTION PERIOD
September 4, 2024 - October 30, 2025
Allegations
The complaint filed against Datavault AI Inc. alleges the company made statements that were materially false and/or misleading and/or failed to disclose that: (i) defendants had overstated the economic value to Datavault AI of its various corporate partnerships with, inter alia, Scilex, Burke, and Nature’s Miracle; (ii) defendants had overstated the volume of trading activity on the Datavault Platform, which was in fact minimal; (iii) the Company’s undisclosed connections with Withrow, a convicted felon, when revealed, would cause Datavault AI to incur reputational harm; (iv) as a result, defendants’ public statements were materially false and misleading at all relevant times.
Eligibility
To be eligible for the lawsuit, you must have experienced a loss on Datavault AI Inc. shares purchased within the class period specified above.
Lead Plaintiff Deadline
If you suffered a loss in Datavault AI Inc. during the relevant time frame or pursuant to the relevant offering(s), you have until October 5, 2026 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
Frequently Asked Questions
- How can Datavault AI Inc. (NASDAQ: DVLT) investors check whether their transactions may be relevant?
Investors whose purchases or acquisitions of Datavault AI Inc. securities fall within the proposed class definition described above may submit their transaction details through this case page.
- Ensure your purchase falls within the class period
- Provide basic transaction and loss details
- Submit your information for review
The lead plaintiff deadline for this case is October 5, 2026. This deadline applies only to investors seeking to serve as lead plaintiff. No action is required before this date to remain a potential class member.
- Who may be eligible for the Datavault AI Inc. lawsuit?
Investors whose purchases or acquisitions of Datavault AI Inc. securities fall within the proposed class definition described above and who suffered financial losses may be eligible.
- Could I still be eligible for the Datavault AI Inc. lawsuit if I sold my shares?
Yes. Investors whose purchases or acquisitions fall within the proposed class definition may still be eligible even if they later sold their shares.
- How much compensation could I receive from the Datavault AI Inc. lawsuit?
Any potential compensation would depend on the outcome of the case, the applicable class definition, and any settlement or judgment. If there is a recovery, eligible investors may receive a portion of it.
- What documents may be required for the Datavault AI Inc. lawsuit?
Investors may be asked to provide transaction records, purchase and sale dates, number of shares, and loss details.
- Will I need to appear in court for the Datavault AI Inc. lawsuit?
In most cases, investors do not need to appear in court. Whether an investor may need to participate personally depends on their role and developments in the case.
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