Datavault AI shareholders can lead securities fraud lawsuit by Oct 5

LOS ANGELES, Sept. 3, 2026 /CourierPR/ -- Datavault AI, Inc. (DVLT) shareholders who lost money now have an opportunity to lead a securities fraud lawsuit, according to The Law Offices of Frank R. Cruz. The law firm announced that investors with losses related to DVLT can participate in the ongoing securities fraud class action lawsuit, with the deadline for leading the lawsuit set for October 5, 2026.

The lawsuit alleges that between September 4, 2024, and October 30, 2025, defendants made materially false and misleading statements, and failed to disclose material adverse facts about the company's business, operations, and prospects. Specifically, the complaint claims that the defendants deceived the investing public, including plaintiffs and other class members, by artificially inflating and maintaining the market price of Datavault AI securities, thereby causing plaintiffs and other class members to purchase or acquire Datavault AI securities and options at inflated prices.

The complaint further alleges that these deceptive practices were part of an unlawful scheme, plan, and course of conduct that involved the defendants and each of them taking certain actions.

To participate, investors are advised to act quickly and contact the law firm before the deadline. Participation requires providing personal information, including a mailing address, telephone number, and the number of shares purchased.

For those who wish to remain in the class action without taking any further action, they may do so. However, to be considered a member of the class action, no action is required at this time; investors can choose to retain their own counsel or remain as an absent member of the class action.

This press release is considered attorney advertising in some jurisdictions under applicable law and ethical rules.