Curated News
By: NewsRamp Editorial Staff
July 11, 2025
Datavault AI Sues Over Alleged Stock Manipulation and Defamation
TLDR
- Datavault AI's lawsuit against alleged securities fraud could set a precedent for protecting shareholder value against manipulative short selling practices.
- Datavault AI alleges securities fraud through manipulative tactics like spoofing and layering, seeking damages and civil RICO claims in a federal lawsuit.
- Holding accountable those who spread misinformation and manipulate markets can foster a more transparent and fair financial ecosystem for all investors.
- Datavault AI, a leader in AI and Web 3.0 technologies, takes legal action against alleged market manipulation and defamation to protect its innovations and partnerships.
Impact - Why it Matters
This lawsuit highlights the ongoing challenges companies face from stock manipulation and online misinformation, which can significantly impact investor confidence and stock value. For stakeholders and investors in Datavault AI and the broader tech sector, this case underscores the importance of transparency and accountability in financial markets. It also brings attention to the innovative work Datavault AI is doing in AI and Web 3.0, sectors poised for significant growth.
Summary
Datavault AI Inc. (NASDAQ: DVLT), a pioneer in AI experience and Web 3.0 asset monetization, has taken legal action against unidentified defendants, alleging securities fraud and defamation linked to 'naked' short selling and online misinformation. The lawsuit, filed by Dickinson Wright in the Northern District of Illinois, accuses the defendants of employing manipulative trading strategies and spreading false information on platforms like Stocktwits and LinkedIn. Jacob Frenkel, leading the charge, emphasizes the lawsuit's goal to hold accountable those undermining Datavault AI's stock value, despite the company's positive 2025 disclosures and partnerships. For more details, the full press release is available here.
Datavault AI's innovative platform spans Acoustic and Data Science Divisions, offering solutions across various industries with its patented technologies and Web 3.0 applications. The company's commitment to responsible AI and secure data monetization is evident in its customizable technology suite, designed to meet diverse industry needs. Discover more about their groundbreaking work at www.datavaultsite.com.
Source Statement
This curated news summary relied on content disributed by InvestorBrandNetwork (IBN). Read the original source here, Datavault AI Sues Over Alleged Stock Manipulation and Defamation
