Lawsuit Alleges Securities Fraud and Defamation Against Datavault AI

Datavault AI (NASDAQ: DVLT) has filed a federal lawsuit in Illinois, accusing unknown defendants of securities fraud and defamation related to 'naked' short selling and online misinformation tactics. Lead counsel Jacob Frenkel is seeking accountability for manipulative tactics such as spoofing and spreading false information on social media platforms. Despite positive disclosures and partnerships, Datavault AI continues to be undermined in the stock market. The company offers AI solutions in Acoustic Science and Data Science Divisions.