Urgent Legal Notice: Datavault AI Inc. Facing Class Action Lawsuit Over Securities Fraud Allegations

A class action lawsuit has been initiated against Datavault AI Inc. (NASDAQ: DVLT), led by the esteemed law firm Berger Montague PC. This legal action concerns investors who acquired Datavault securities within the timeframe of September 4, 2024, to October 30, 2025 – now commonly referred to as the "Class Period."

Investors are reminded that the deadline to seek appointment as a lead plaintiff representative for the affected class is fast approaching on October 5, 2026. For parties eager to understand their options, make sure to reach out to Berger Montague without delay.

Allegations Against Datavault AI Inc.

The lawsuit presents serious allegations against Datavault AI, accusing the company of inflating its economic value by overstating the significance of partnerships with various organizations, including Burke Products, Scilex Holding Company, and Nature's Miracle Holding Inc. Additionally, the volume of trading activity supposedly conducted on the Datavault Platform has been called into question.

Compounding these issues, the lawsuit particularly emphasizes the company’s failure to disclose connections to Edward Withrow III, a convicted felon. This lack of transparency, in conjunction with SEC charges previously filed against CEO Nathaniel T. Bradley, raises substantial reputational concerns for Datavault.

The Turning Point: Wolfpack Research's Report

Further escalating the situation, a report released by Wolfpack Research on October 31, 2025, claimed that Datavault misled investors about its capabilities in artificial intelligence (AI), quantum computing, Web3, and data monetization. The report argued that Datavault's partnerships were unlikely to yield the economic benefits advertised, bolstering skepticism about the viability of the Datavault Platform, which reportedly demonstrated negligible trading activity at that time.

Following the report’s release, Datavault shares experienced a notable plunge, dropping 19% from a closing price of $2.52 on October 30, 2025, to $2.03 on the subsequent day. Such a significant dip raised alarms among investors, underlining the urgency of this legal matter.

What Should Datavault Investors Do?

For those who have invested in Datavault during the specified Class Period, now is the time to consider your rights and options. Investors are strongly encouraged to contact Berger Montague for more information regarding the class action lawsuit and to determine eligibility for participation as lead plaintiff representatives. Reaching out can not only help protect individual investments but also contribute to efforts seeking accountability from Datavault AI Inc.

Berger Montague, headquartered in Philadelphia, is recognized as a powerful force in complex civil litigation, with expertise that spans across class actions and mass tort cases. The firm's impressive track record includes securing over $50 billion for clients over the past 55 years, reflecting its dedication to consumer protection and responsible corporate governance.

Conclusion

As the deadline for investor involvement rapidly approaches, time is of the essence for those affected by the alleged securities fraud tied to Datavault AI Inc. By joining the class action lawsuit, investors can mobilize their voices and pursue justice as a unified front. This class action represents not just an opportunity for individual compensation, but also a call for greater corporate responsibility in the tech arena.

If you are affected and would like to gather further information regarding your rights or the proceedings, please reach out to: