Monitor for additional filings in this securities class action, particularly the lead plaintiff deadline on October 5, 2026. The Wolfpack short report and resulting lawsuit create overhang; watch for any settlement announcements or adverse rulings that could further pressure the stock.
Price Chart
Executive Summary
Robbins LLP announced a securities class action lawsuit against Datavault AI Inc. (DVLT) alleging the company misled investors about its business prospects, the value of corporate partnerships, trading volume, and undisclosed connections. The suit follows a 19.44% stock drop on October 31, 2025, after a Wolfpack Research short report questioned the company's claims. The lead plaintiff deadline is October 5, 2026.
Key Facts
- Class action filed on behalf of DVLT securities purchasers between September 4, 2024 and October 30, 2025.
- Allegations: overstated economic value of partnerships with Burke, Scilex, and Nature's Miracle; overstated platform trading activity; undisclosed convicted felon connections.
- Stock fell $0.49 (19.44%) to $2.03 on October 31, 2025 after Wolfpack Research short report.
- Lead plaintiff deadline is October 5, 2026.
Financial Impact
19.44% single-day stock decline ($0.49 per share) following the Wolfpack report; potential future liability not quantified in the filing.
Risk Factors
- Litigation risk: potential monetary damages or settlement costs if plaintiffs succeed.
- Reputational harm from allegations of misleading disclosures and undisclosed connections.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-prn-302870454 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 4, 2026 28d ago | Press Release | $0.2136 $0.1569 | ▲ +26.54% | ▲ +25.43% | $0.1500 (+29.78%) |
Aug 19, 2026 6w ago | 8-K | $0.2962 $0.2922 | ▲ +1.35% | ▲ +0.96% | $0.1500 (+49.36%) |
Aug 19, 2026 6w ago | 8-K | $0.2962 $0.2922 | ▲ +1.35% | ▲ +0.96% | $0.1500 (+49.36%) |
Aug 18, 2026 6w ago | 8-K | $0.3867 $0.3095 | ▼ −19.96% | ▼ −19.76% | $0.1500 (−61.21%) |
Aug 12, 2026 7w ago | S-3 | $0.3240 $0.3151 | ▲ +2.75% | ▲ +0.78% | $0.1500 (+53.70%) |
Jul 30, 2026 9w ago | 8-K | $0.3402 $0.3079 | ▼ −9.49% | ▼ −13.01% | $0.1500 (−55.91%) |
Jun 29, 2026 13w ago | 8-K | $0.3500 $0.3652 | ▲ +4.34% | ▲ +3.74% | $0.1500 (−57.14%) |
Jun 22, 2026 14w ago | 8-K | $0.3689 $0.3250 | ▼ −11.90% | ▼ −12.91% | $0.1500 (−59.34%) |
Jun 22, 2026 14w ago | 424B5 | $0.3689 $0.3250 | ▲ +11.90% | ▲ +12.91% | $0.1500 (+59.34%) |
Jun 22, 2026 14w ago | 8-K | $0.3689 $0.3250 | ▲ +11.90% | ▲ +12.91% | $0.1500 (+59.34%) |
US Market Status
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