Snapshot from Aug 24, 2026 at 07:00 UTC. For live data and tracking: View Live
Events / Regulatory / Datavault AI Securities Fraud Class Action
Regulatory Securities Class Action

Datavault AI Securities Fraud Class Action

Analysis based on 96 articles · First reported Aug 05, 2026 · Last updated Aug 21, 2026

Sentiment
-60
Attention
2
Articles
96
Market Impact
General
Live prominence charts, article sentiment distribution, and event development timeline available on the Ergen Dashboard
Market Impact

The securities class action lawsuits and the underlying allegations of overstated partnerships and platform activity have severely damaged investor confidence in Datavault AI, contributing to a significant decline in its stock price. The legal proceedings and potential financial liabilities could further pressure the company's valuation and market position.

Artificial Intelligence Financial Services Technology
Event Summary

Multiple law firms, including Bronstein, Gewirtz & Grossman, LLC, Rosen Law Firm, Johnson Fistel, Faruqi & Faruqi, and Schall Brown & Schwartz LLP, have filed or announced securities class action lawsuits against Datavault AI Inc. (NASDAQ: DVLT) and certain officers. The lawsuits allege that during the Class Period from September 4, 2024 to October 30, 2025, Datavault made materially false and misleading statements regarding its business, operations, and compliance. Specifically, the complaints allege that Datavault overstated the economic value of its corporate partnerships with Burke, Scilex, and Nature s Miracle, overstated trading activity on its platform, and failed to disclose connections with Edward Withrow III, a convicted felon. On October 31, 2025, Wolfpack Research published a short report characterizing Datavault as a 'stock promotion' with misleading claims about AI, quantum computing, and Web 3.0. Following the report, Datavault's stock price fell $0.49 per share, or 19.44%, to close at $2.03. Investors who purchased Datavault securities during the Class Period have until October 5, 2026, to seek lead plaintiff status. The lawsuits seek to recover damages for alleged violations of federal securities laws.

Key Actions
100 Rosen Law Firm filed class action Datavault AI
100 Schall Brown & Schwartz LLP filed class action Datavault AI
100 Robbins LLP filed class action Datavault AI
100 Kaplan Fox & Kilsheimer filed class action Datavault AI
100 Levi & Korsinsky filed class action Datavault AI
90 Bronstein, Gewirtz & Grossman, LLC filed class action Datavault AI
90 Faruqi & Faruqi filed securities class action Datavault AI
90 Johnson Fistel investigating Datavault AI
90 Berger Montague filed class action Datavault AI
87 Wolfpack Research published short report Datavault AI
85 Nate Bradley sold shares
81 Datavault AI overstated partnership value
70 Brett Moyer sold shares
62 Rosen Law Firm reminded purchasers
60 WiSA Technologies agreed to acquire Datavault AI
+ 3 more actions View on Dashboard
Entities Involved
priv
Datavault AI
Datavault AI is the defendant in the securities class action lawsuits. The allegations of overstated partnerships and platform activity, along with the Wolfpack Research short report, have led to a 19.44% stock price drop and ongoing legal and reputational challenges.
Importance 100.0 Sentiment -80.0
priv
Wolfpack Research
Wolfpack Research published a short report on Datavault AI on October 31, 2025, alleging it was a 'stock promotion' with misleading claims. The report triggered a 19.44% drop in Datavault's stock price and is central to the securities fraud allegations.
Importance 80.0 Sentiment -20.0
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Rosen Law Firm
Rosen Law Firm is another law firm that filed a class action lawsuit against Datavault AI. The firm reminds investors of the October 5, 2026 lead plaintiff deadline and represents investors in the securities fraud case.
Importance 70.0 Sentiment 10.0
priv
Bronstein, Gewirtz & Grossman, LLC
Bronstein, Gewirtz & Grossman, LLC is one of the law firms that filed a class action lawsuit against Datavault AI. The firm represents investors on a contingency fee basis and seeks to recover damages for alleged securities fraud.
Importance 70.0 Sentiment 10.0
priv
Schall Brown & Schwartz LLP
Schall Brown & Schwartz LLP is a law firm that filed a class action lawsuit against Datavault AI. The firm reminds investors of the class period and deadline for lead plaintiff appointment.
Importance 60.0 Sentiment 10.0
priv
Johnson Fistel
Johnson Fistel is a shareholder rights law firm that filed a class action lawsuit against Datavault AI. The firm notifies investors of the lead plaintiff deadline and represents investors in the case.
Importance 60.0 Sentiment 10.0
priv
Faruqi & Faruqi
Faruqi & Faruqi is a law firm that filed a class action lawsuit against Datavault AI. The firm encourages investors to contact them regarding the securities fraud case and the lead plaintiff deadline.
Importance 60.0 Sentiment 10.0
per
Edward Withrow III
Edward Withrow III is a convicted felon whose undisclosed connections with Datavault AI were alleged to cause reputational harm. His association is a key allegation in the securities fraud lawsuits.
Importance 50.0 Sentiment -30.0
per
Burke
Burke is one of the corporate partners mentioned in the lawsuits. The economic value of Datavault's partnership with Burke was allegedly overstated, contributing to the securities fraud claims.
Importance 30.0 Sentiment -10.0
stock
Scilex Holding Company
Scilex Holding Company is one of the corporate partners mentioned in the lawsuits. The economic value of Datavault's partnership with Scilex was allegedly overstated, contributing to the securities fraud claims.
Importance 30.0 Sentiment -10.0
priv
Nature s Miracle
Nature s Miracle is one of the corporate partners mentioned in the lawsuits. The economic value of Datavault's partnership with Nature s Miracle was allegedly overstated, contributing to the securities fraud claims.
Importance 30.0 Sentiment -10.0
per
Lawrence Rosen
Lawrence Rosen is a founding partner of Rosen Law Firm, which is representing investors in the Datavault AI class action.
Importance 20.0 Sentiment 5.0
per
Peretz Bronstein
Peretz Bronstein is the founding partner of Bronstein, Gewirtz & Grossman, LLC, one of the law firms representing investors in the Datavault AI class action.
Importance 20.0 Sentiment 5.0
per
Philip Kim
Philip Kim is an attorney at Rosen Law Firm who is handling the Datavault AI class action and is a contact for investors.
Importance 15.0 Sentiment 5.0
per
Brian Schall
Brian Schall is a founding partner of Schall Brown & Schwartz LLP, which is representing investors in the Datavault AI class action.
Importance 15.0 Sentiment 5.0
+ 8 more entities View on Dashboard
Relationships
Datavault AI related ↔ Wolfpack Research
Datavault AI licensor, investee ↔ Scilex Holding Company Datavault AI licenses its AI-driven technology to Scilex for a Biotech Exchange platform and receives strategic investme
Wolfpack Research related ↔ Rosen Law Firm
Rosen Law Firm co-counsel ↔ Bronstein, Gewirtz & Grossman, LLC Rosen Law Firm frequently collaborates with Bronstein, Gewirtz & Grossman, LLC as co-counsel on investor-rights class ac
Rosen Law Firm co-plaintiff ↔ Schall Brown & Schwartz LLP Rosen Law Firm frequently collaborates with Schall Brown & Schwartz LLP as co-counsel or co-plaintiff in securities clas
Rosen Law Firm competitor ↔ Faruqi & Faruqi Rosen Law Firm is a global investor rights law firm that directly competes with Faruqi & Faruqi for lead plaintiff appoi
Bronstein, Gewirtz & Grossman, LLC co-plaintiffs ↔ Schall Brown & Schwartz LLP Bronstein, Gewirtz & Grossman, LLC and Schall Brown & Schwartz LLP frequently act as co-plaintiffs or pursue parallel le
Bronstein, Gewirtz & Grossman, LLC co-counsel ↔ Faruqi & Faruqi Bronstein, Gewirtz & Grossman, LLC frequently acts as co-counsel with Faruqi & Faruqi LLP in numerous securities class a
Schall Brown & Schwartz LLP related ↔ Faruqi & Faruqi
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