Curated News
By: NewsRamp Editorial Staff
July 11, 2025
Datavault AI Sues Over 'Naked' Short Selling and Online Defamation
TLDR
- Datavault AI's lawsuit against alleged securities fraud could protect its stock value, offering investors a clearer advantage in a stabilized market.
- Datavault AI alleges securities fraud through manipulative short selling tactics and defamation, seeking damages and civil RICO claims to address stock manipulation.
- Holding manipulative short sellers accountable through Datavault AI's lawsuit promotes fairness and integrity in the stock market, benefiting all stakeholders.
- Datavault AI, a leader in AI and Web 3.0 technologies, takes legal action against stock manipulation, highlighting the intersection of law and finance.
Impact - Why it Matters
This lawsuit highlights the growing concern over market manipulation and the spread of misinformation in the digital age, which can significantly impact investor confidence and company valuations. For stakeholders in the tech and investment communities, understanding the legal and financial implications of such practices is crucial. Datavault AI's action underscores the importance of transparency and accountability in maintaining fair market practices, especially for companies at the cutting edge of technology like those operating in the Web 3.0 and AI spaces.
Summary
Datavault AI Inc. (NASDAQ: DVLT), a pioneer in AI experience and Web 3.0 asset monetization, has taken legal action against unidentified defendants, accusing them of securities fraud, defamation, and intentional tort through 'naked' short selling and spreading misinformation online. The lawsuit, filed by Dickinson Wright in the Northern District of Illinois, targets manipulative trading practices and defamatory statements on platforms like Stocktwits and LinkedIn. Represented by Jacob Frenkel, Chair of Dickinson Wright’s Securities Enforcement Practice, Datavault AI seeks to hold the perpetrators accountable for undermining its stock value despite positive developments in 2025. The company's innovative platform, featuring technologies like WiSA(R) and ADIO(R), is at the forefront of spatial and multichannel wireless HD sound transmission, alongside leveraging Web 3.0 for data science solutions. For more details, visit https://ibn.fm/rbueY.
Datavault AI's commitment to advancing AI and machine learning technologies is evident in its comprehensive cloud-based solutions, serving industries from sports & entertainment to healthcare. The company's Information Data Exchange(R) (IDE) facilitates Digital Twins and NIL licensing, promoting responsible AI use. Headquartered in Beaverton, OR, Datavault AI continues to innovate in the tech space. Learn more 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 'Naked' Short Selling and Online Defamation
