#USA #New York #Class Action #Gross Law Firm #Datavault AI

Datavault AI Inc. Investors: Class Action Suit Alert

Attention Datavault AI Inc. Shareholders! If you've purchased shares in Datavault AI Inc. (NASDAQ: DVLT) during the specified class period, it’s crucial to be aware of an important legal proceeding in which you may want to participate. The Gross Law Firm has issued a notice to all affected shareholders, encouraging them to consider joining a class action lawsuit aimed at recovering losses sustained during a troublesome period for the company.

Overview of the Claims

The class period outlined spans from September 4, 2024, to October 30, 2025. Allegations against Datavault AI and certain defendants center around misleading financial statements and undisclosed material information that potentially inflated the company's stock price. Allegations include:

• - Overstating the economic value derived from the company’s partnerships with entities like Scilex, Burke, and Nature's Miracle.
• - Presenting exaggerated figures regarding trading activity on the Datavault Platform which, unbeknownst to investors, was significantly lower than advertised.
• - Concealing connections with an individual with a criminal record, which could tarnish the company’s reputation.

These misleading actions have led to substantial losses for many investors, and thus, the class action aims to hold the company accountable while providing a means for recovery for those affected.

Key Dates and Deadlines

• - Class Period: September 4, 2024 - October 30, 2025
• - Lead Plaintiff Deadline: October 5, 2026

Investors are urged not to delay in submitting their information to join the suit. This can be done through the recovery submission form provided by The Gross Law Firm. Remember, you do not need to be appointed as a lead plaintiff to participate in any potential recovery.

Important Steps for Shareholders

Once you register as a participating shareholder, The Gross Law Firm will enroll you in a portfolio monitoring system. This system will provide ongoing updates regarding the status of your involvement in the case. Participating in this suit has no associated costs or obligations, emphasizing the accessibility of this legal avenue for shareholders seeking to recover their losses.

Why Choose The Gross Law Firm?

The Gross Law Firm is recognized nationally for their commitment to protecting the rights of investors. They work diligently to ensure that corporations adhere to ethical practices and corporate responsibility. Their expertise focuses on recovering losses that arise from misleading company statements or omissions that have wrongfully inflated stock prices. They advocate fiercely for justice on behalf of all defrauded investors, making them a trusted partner for your recovery efforts.

Contact Information

To learn more or to register your claim, shareholders can reach out to The Gross Law Firm:
Address: 15 West 38th Street, 12th Floor, New York, NY, 10018
Email: [email protected]
Phone: (646) 453-8903

This is your opportunity to seek accountability from Datavault AI Inc. and possibly recover your losses. Stay informed, be proactive, and take the necessary steps to protect your investment. Don’t miss the deadline – act now!