InvestorNewsBreaks – Datavault AI (NASDAQ: DVLT) Files Federal Lawsuit Alleging Market Manipulation, Defamation and Securities Fraud
Datavault AI (NASDAQ: DVLT) filed a federal lawsuit Thursday, July 10, in the Northern District of Illinois alleging securities fraud, defamation, and intentional tort tied to “naked” short selling and online misinformation. Filed by Dickinson Wright, the Complaint names unknown defendants—Does 1-50, Roe Corporations 1-50, and XYZ LLCs 1-50—and claims the short sellers used manipulative tactics including spoofing, layering, and marking the close while spreading…