Investigating Class Action Against Datavault AI Inc. Over Securities Fraud Allegations

Attention Datavault AI Investors

A significant class action lawsuit has been filed against Datavault AI Inc. (NASDAQ: DVLT) by the nationally recognized law firm, Berger Montague PC. This legal action impacts investors who purchased or acquired securities from Datavault between September 4, 2024, and October 30, 2025. The lawsuit alleges that the company misrepresented crucial information about its business dealings, especially concerning its partnerships and trading volumes on the Datavault platform.

The primary allegations against Datavault include inflating the economic value of its partnerships with notable companies such as Burke Products, Scilex Holding Company, and Nature's Miracle Holding Inc. Moreover, it has been claimed that the company overstated both the trading activity on its platform and its overall market positioning.

Compounding these allegations is the assertion that Datavault neglected to disclose important information regarding its connections to Edward Withrow III, who has a criminal background. This lack of transparency, along with CEO Nathaniel T. Bradley's previous issues with the SEC, allegedly poses significant reputational risks for the company.

Further scrutiny was raised on October 31, 2025, when Wolfpack Research released a report suggesting that Datavault had misled its investors about capabilities relating to AI, quantum computing, Web3 technologies, and particularly in data monetization. The report contended that the supposed partnerships could not deliver the returns promised by company representatives, and it highlighted minimal trading activity on the Datavault platform. Additionally, concerns were raised about the leadership’s undisclosed associations with regulatory and criminal matters.

Following the emergence of these claims, Datavault experienced a substantial decline in its stock price, shedding 19% in value from a closing price of $2.52 to $2.03 on October 31, 2025. This sharp decrease raised alarms among investors and prompted the class action lawsuit.

Eligible investors seeking to participate in the lawsuit must act by the deadline of October 5, 2026, to secure their position as lead plaintiffs in this class action. To understand your legal rights or for more information regarding this lawsuit, interested parties should contact Berger Montague directly.

About Berger Montague

Berger Montague is a leading firm in class action and complex civil litigation, recognized for its success in various legal areas such as antitrust, consumer protection, environmental law, and securities. With a strong track record of recovering over $50 billion for clients in more than 55 years of practice, the firm remains an influential entity in advocating for those impacted by corporate malfeasance.

For inquiries related to the Datavault action or general information about your legal rights, contact:
Andrew Abramowitz at (215) 875-3015 or [email protected],
Caitlin Adorni at (267) 764-4865 or [email protected].