Gross Law Firm alerts Datavault AI shareholders in securities suit
The notice says the lawsuit alleges false or misleading statements about Datavault AI’s partnerships, trading activity and undisclosed connections.
The Gross Law Firm says Datavault AI investors who bought DVLT shares during a stated class period may contact the firm about lead plaintiff status in a securities class action.
The Gross Law Firm on Aug. 18 said shareholders of Datavault AI Inc. who purchased DVLT shares between Sept. 4, 2024, and Oct. 30, 2025, may contact the firm about possible lead plaintiff appointment in a securities class action.
The notice says investors do not need to be named lead plaintiff to seek any recovery. It also says there is no cost or obligation to participate.
According to the notice, the complaint alleges defendants made materially false and/or misleading statements and failed to disclose that they overstated the economic value of Datavault AI’s corporate partnerships with Scilex, Burke and Nature’s Miracle. It also alleges they overstated trading activity on the Datavault Platform, which the notice describes as minimal, and failed to disclose undisclosed connections with Withrow, described in the notice as a convicted felon.
The notice says those alleged connections could cause reputational harm if revealed.
The Gross Law Firm said the deadline to seek lead plaintiff status is Oct. 5, 2026. The notice lists the firm’s New York office and contact information for shareholders who want to register.
The notice provided no further court schedule or response from Datavault AI.
Sources
Editorial note: This article was prepared with AI assistance and includes source attribution for reader review.
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