New York, New York--(Newsfile Corp. - August 21, 2026) - Kaplan Fox &amp; Kilsheimer LLP announces that a class action lawsuit has been filed against Datavault AI Inc. (&#34;Datavault&#34; or the &#34;Company&#34;)

<p>New York, New York--(Newsfile Corp. - August 21, 2026) - <a href="https://api.newsfilecorp.com/redirect/B50E0Spabw">Kaplan Fox &#38; Kilsheimer LLP</a> announces that a class action lawsuit has been filed against Datavault AI Inc. ("Datavault" or the "Company") (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/DVLT">DVLT</a>) on behalf of investors that purchased or otherwise acquired Datavault securities between September 4, 2024 and October 30, 2025 (the "Class Period").</p><p style="text-align: center;"><a href="https://api.newsfilecorp.com/redirect/5WQ8Qh52rK">CLICK HERE TO JOIN THE CASE</a></p><p><b>If you are an investor in Datavault and have suffered losses, you may </b><a href="https://api.newsfilecorp.com/redirect/Lq4y4sDvA8"><b>CLICK HERE</b></a><b> to contact us. You may also contact Kaplan Fox by emailing </b><a href="mailto:pmayer@kaplanfox.com"><b>pmayer@kaplanfox.com</b></a><b> or by calling (646) 315-9003.</b></p><p><b>DEADLINE REMINDER: </b>If you are a member of the proposed Class, you may move the court <u><b>no later than October 5, 2026</b></u> to serve as a lead plaintiff for the purported class.  If you have losses we encourage you to contact us to learn more about the lead plaintiff process. You need not seek to become a lead plaintiff in order to share in any possible recovery.</p><p>The complaint alleges, among other things, that on October 31, 2025, Wolfpack Research published a short report on Datavault AI (the "Report") alleging that Datavault AI was a "stock promotion" that relied on misleading press releases and "empty claims" concerning artificial intelligence, quantum computing, Web 3.0, and data monetization. Additionally, the Complaint alleges that the Report also questioned the activity on the Company's blockchain marketplace and the Company leadership's connections with a convicted felon. On this news, Datavault AI's stock price fell $0.49 per share, or 19.44%, to close at $2.03 per share on October 31, 2025.</p><p><b>WHY CONTACT KAPLAN FOX?</b></p><p>Kaplan Fox &#38; Kilsheimer LLP is a nationally recognized law firm focused on complex litigation, with offices in New York, Oakland, Los Angeles, Chicago, and New Jersey. Founded in 1956, the firm has spent more than 50 years prosecuting securities, antitrust, and consumer protection actions in federal and state courts nationwide, recovering more than $10 billion for clients and the classes it has represented.</p><p>Kaplan Fox is widely regarded as one of the nation's premier plaintiffs' securities litigation firms and has received recognition from Chambers and Partners, Benchmark Litigation, Super Lawyers, and Lawdragon. Serving as lead or co-lead counsel in many landmark cases, the firm has secured some of the largest recoveries in the history of securities litigation, including a $2.425 billion recovery on behalf of Bank of America shareholders in <i>In re Bank of America</i>-the largest recovery ever obtained for claims under Section 14(a) of the Securities Exchange Act-$800 million recovered for the Arkansas Teacher Retirement System and other pension funds in <i>ATRS v. Allianz Global Investors</i>, and a $475 million settlement in <i>In re Merrill Lynch</i>.</p><p>For decades, Kaplan Fox has represented public pension funds, institutional investors, businesses, and individuals in high-stakes litigation. Through its successful advocacy and precedent-setting victories, the firm has helped shape important areas of securities and corporate law while advancing accountability and protecting investor interests.</p><p>This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. Past results do not guarantee future outcomes.</p><p>If you have any questions about this Notice, your rights, or your interests, please contact:</p><div id="contactInfo"><p><b>CONTACT:</b><br />Pamela A. Mayer<br /><a href="https://api.newsfilecorp.com/redirect/oPkQkTvYoV">KAPLAN FOX &#38; KILSHEIMER LLP</a><br />800 Third Avenue, 38th Floor<br />New York, New York 10022<br />(646) 315-9003<br /><a href="mailto:pmayer@kaplanfox.com">pmayer@kaplanfox.com</a></p><p>Laurence D. King<br /><a href="https://api.newsfilecorp.com/redirect/OAJNJS3V8Z">KAPLAN FOX &#38; KILSHEIMER LLP</a><br />1999 Harrison Street, Suite 1501<br />Oakland, California 94612<br />(415) 772-4704<br /><a href="mailto:lking@kaplanfox.com">lking@kaplanfox.com</a></p></div><p>Contacting or submitting information to Kaplan Fox &#38; Kilsheimer LLP does not create an attorney-client relationship, nor an obligation on the part of Kaplan Fox to retain you as a client.</p><p><a href="https://api.newsfilecorp.com/redirect/PqGXGsqkyB">https://www.kaplanfox.com/case/datavault-ai-inc-investor-alert-learn-more-now/</a></p><p id="corporateNewsLogoContainer"><img src="https://images.newsfilecorp.com/files/12532/310712_9ac0f76cd47e39e3_logo.jpg" id="corporateNewsLogo" alt="Corporate Logo" /></p><p id="corporateLinkBack">To view the source version of this press release, please visit <a href="https://api.newsfilecorp.com/redirect/wEgPgsrkvP">https://www.newsfilecorp.com/release/310712</a></p><p><img src="https://api.newsfilecorp.com/newsinfo/310712/197" alt="" /></p>

DVLT

Kaplan Fox Encourages Datavault AI Inc. (DVLT) Investors with Losses to Contact the Firm Before October 5, 2026

Datavault AI Faces Class Action Over Promoted Claims, Potential Selloff

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>New York, New York--(Newsfile Corp. - August 21, 2026) - Kaplan Fox &amp;amp; Kilsheimer LLP announces that a class action lawsuit has been filed against Datavault AI Inc. (&amp;#34;Datavault&amp;#34; or the &amp;#34;Company&amp;#34;)</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Kaplan Fox filed a securities class action against Datavault AI (DVLT) alleging promoted AI/quantum/Web 3.0 claims. The suit cites Wolfpack Research and a 19.44% drop on Oct 31, 2025. Lead plaintiff deadline is Oct 5, 2026, with potential consequences for legal costs and DVLT valuation.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>Kaplan Fox files securities class action against Datavault AI (DVLT). Class period: Sept 4, 2024–Oct 30, 2025.</li><li>Wolfpack Research alleged stock promotion; Datavault fell 19.44% to $2.03 on 10/31/2025.</li><li>Lead plaintiff deadline: Oct 5, 2026; investors may join the case.</li><li>Allegations include leadership connections with a convicted felon; press release flags litigation risk.</li><li>Headline risk: ongoing litigation may raise costs and weigh on DVLT valuation.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Datavault AI Inc. (DVLT)</strong>: Subject of the class action; potential legal costs and reputational impact could pressure DVLT stock.</li><li><strong>Wolfpack Research (N/A)</strong>: Short-seller report cited; linked to a 2025 stock drop and questions about promotion claims.</li><li><strong>Kaplan Fox &amp; Kilsheimer LLP (N/A)</strong>: Plaintiff counsel; not a direct market driver but signals litigation trajectory.</li></ul>
  </section>

  <section data-block="category">
    <h3>Legal</h3>
    <p>Category: Legal. Fits as a securities litigation action with potential, though uncertain, impact on DVLT’s fundamentals and multiple drivers of valuation pending case outcomes.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Legal action increases DVLT-facing risk and potential near-term volatility.</li><li>Lead plaintiff deadline Oct 5, 2026 may trigger renewed trading chatter.</li><li>Settlement or dismissal could ease risk; adverse rulings could weigh further.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>Class Period: Sept 4, 2024 to Oct 30, 2025.</li><li>Wolfpack Research published Oct 31, 2025 alleging stock promotion.</li><li>DVLT price fell to $2.03 on Oct 31, 2025, down 19.44%.</li><li>Lead plaintiff deadline: Oct 5, 2026.</li><li>Kaplan Fox &amp; Kilsheimer LLP filed the action.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Near-term downside risk on litigation, with volatility likely until case clarity or settlement emerges (6–12 months).</p>
  </section>
</section>


<p>New York, New York--(Newsfile Corp. - August 21, 2026) - <a href="https://api.newsfilecorp.com/redirect/B50E0Spabw">Kaplan Fox &#38; Kilsheimer LLP</a> announces that a class action lawsuit has been filed against Datavault AI Inc. ("Datavault" or the "Company") (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/DVLT">DVLT</a>) on behalf of investors that purchased or otherwise acquired Datavault securities between September 4, 2024 and October 30, 2025 (the "Class Period").</p><p style="text-align: center;"><a href="https://api.newsfilecorp.com/redirect/5WQ8Qh52rK">CLICK HERE TO JOIN THE CASE</a></p><p><b>If you are an investor in Datavault and have suffered losses, you may </b><a href="https://api.newsfilecorp.com/redirect/Lq4y4sDvA8"><b>CLICK HERE</b></a><b> to contact us. You may also contact Kaplan Fox by emailing </b><a href="mailto:pmayer@kaplanfox.com"><b>pmayer@kaplanfox.com</b></a><b> or by calling (646) 315-9003.</b></p><p><b>DEADLINE REMINDER: </b>If you are a member of the proposed Class, you may move the court <u><b>no later than October 5, 2026</b></u> to serve as a lead plaintiff for the purported class.  If you have losses we encourage you to contact us to learn more about the lead plaintiff process. You need not seek to become a lead plaintiff in order to share in any possible recovery.</p><p>The complaint alleges, among other things, that on October 31, 2025, Wolfpack Research published a short report on Datavault AI (the "Report") alleging that Datavault AI was a "stock promotion" that relied on misleading press releases and "empty claims" concerning artificial intelligence, quantum computing, Web 3.0, and data monetization. Additionally, the Complaint alleges that the Report also questioned the activity on the Company's blockchain marketplace and the Company leadership's connections with a convicted felon. On this news, Datavault AI's stock price fell $0.49 per share, or 19.44%, to close at $2.03 per share on October 31, 2025.</p><p><b>WHY CONTACT KAPLAN FOX?</b></p><p>Kaplan Fox &#38; Kilsheimer LLP is a nationally recognized law firm focused on complex litigation, with offices in New York, Oakland, Los Angeles, Chicago, and New Jersey. Founded in 1956, the firm has spent more than 50 years prosecuting securities, antitrust, and consumer protection actions in federal and state courts nationwide, recovering more than $10 billion for clients and the classes it has represented.</p><p>Kaplan Fox is widely regarded as one of the nation's premier plaintiffs' securities litigation firms and has received recognition from Chambers and Partners, Benchmark Litigation, Super Lawyers, and Lawdragon. Serving as lead or co-lead counsel in many landmark cases, the firm has secured some of the largest recoveries in the history of securities litigation, including a $2.425 billion recovery on behalf of Bank of America shareholders in <i>In re Bank of America</i>-the largest recovery ever obtained for claims under Section 14(a) of the Securities Exchange Act-$800 million recovered for the Arkansas Teacher Retirement System and other pension funds in <i>ATRS v. Allianz Global Investors</i>, and a $475 million settlement in <i>In re Merrill Lynch</i>.</p><p>For decades, Kaplan Fox has represented public pension funds, institutional investors, businesses, and individuals in high-stakes litigation. Through its successful advocacy and precedent-setting victories, the firm has helped shape important areas of securities and corporate law while advancing accountability and protecting investor interests.</p><p>This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. Past results do not guarantee future outcomes.</p><p>If you have any questions about this Notice, your rights, or your interests, please contact:</p><div id="contactInfo"><p><b>CONTACT:</b><br />Pamela A. Mayer<br /><a href="https://api.newsfilecorp.com/redirect/oPkQkTvYoV">KAPLAN FOX &#38; KILSHEIMER LLP</a><br />800 Third Avenue, 38th Floor<br />New York, New York 10022<br />(646) 315-9003<br /><a href="mailto:pmayer@kaplanfox.com">pmayer@kaplanfox.com</a></p><p>Laurence D. King<br /><a href="https://api.newsfilecorp.com/redirect/OAJNJS3V8Z">KAPLAN FOX &#38; KILSHEIMER LLP</a><br />1999 Harrison Street, Suite 1501<br />Oakland, California 94612<br />(415) 772-4704<br /><a href="mailto:lking@kaplanfox.com">lking@kaplanfox.com</a></p></div><p>Contacting or submitting information to Kaplan Fox &#38; Kilsheimer LLP does not create an attorney-client relationship, nor an obligation on the part of Kaplan Fox to retain you as a client.</p><p><a href="https://api.newsfilecorp.com/redirect/PqGXGsqkyB">https://www.kaplanfox.com/case/datavault-ai-inc-investor-alert-learn-more-now/</a></p><p id="corporateNewsLogoContainer"><img src="https://images.newsfilecorp.com/files/12532/310712_9ac0f76cd47e39e3_logo.jpg" id="corporateNewsLogo" alt="Corporate Logo" /></p><p id="corporateLinkBack">To view the source version of this press release, please visit <a href="https://api.newsfilecorp.com/redirect/wEgPgsrkvP">https://www.newsfilecorp.com/release/310712</a></p><p><img src="https://api.newsfilecorp.com/newsinfo/310712/197" alt="" /></p>

Kaplan Fox filed a securities class action against Datavault AI (DVLT) alleging promoted AI/quantum/Web 3.0 claims. The suit cites Wolfpack Research and a 19.44% drop on Oct 31, 2025. Lead plaintiff deadline is Oct 5, 2026, with potential consequences for legal costs and DVLT valuation.

News insight

Kaplan Fox Encourages Datavault AI Inc. (DVLT) Investors with Losses to Contact the Firm Before October 5, 2026

AI summary

Sentiment rationale

Key facts

Legal