Datavault AI investors face Oct. 5 lead-plaintiff deadline in securities case

A law firm says Datavault AI investors who lost money may seek lead-plaintiff status in a securities fraud class action before an Oct. 5, 2026, deadline.

Investors who say they lost money in Datavault AI, Inc. may contact The Law Offices of Howard G. Smith before an Oct. 5, 2026, lead-plaintiff deadline in a securities fraud class action, according to a PR Newswire notice published Sept. 4, 2026.

The notice says investors with substantial losses may seek to lead the case. It also says other class members may retain counsel of their choice or take no immediate action and remain absent class members.

According to the notice, the class action complaint alleges that between Sept. 4, 2024, and Oct. 30, 2025, defendants made materially false and/or misleading statements and failed to disclose material adverse facts about Datavault AI's business, operations and prospects. The release says those alleged omissions and statements deceived investors, artificially inflated and maintained the company's market price, and caused investors to buy securities and options at artificially inflated prices.

The notice identifies Datavault AI, Inc. by its ticker DVLT and says the law firm is based in Bensalem, Pennsylvania. It also says the firm provided contact information by email, phone, website and mail for investors seeking more information.

This is an attorney-advertising style press release about a pending securities fraud class action, not a court ruling. The notice says class members do not need to act immediately, but it sets the Oct. 5, 2026, deadline for investors who want to ask to serve as lead plaintiff.

The brief does not include any response from Datavault AI or the defendants. No court findings were included in the source material.

Sources

• PR Newswire notice from The Law Offices of Howard G. Smith

Editorial note: This article was prepared with AI assistance and includes source attribution for reader review.