Scilex Holding Company Files Federal Securities Fraud Lawsuit Seeking Recovery of Approximately Ninety-Six (96) Million Misappropriated Collateral Shares of Datavault AI, Inc. from Marc Wa...
Scilex Holding Company (SCLX)
Company Research
Source: Acquire Media Monitor
PALO ALTO, Calif., March 13, 2026 (GLOBE NEWSWIRE) -- Scilex Holding Company (“Scilex” or the “Company”) (Nasdaq: SCLX), an innovative revenue-generating company focused on acquiring, developing, and commercializing non-opioid pain management products for the treatment of acute and chronic pain and neurodegenerative and cardiometabolic disease, today announced that it has filed a complaint (the “Complaint”) in the United States District Court for the Central District of California against Marc Wade, The St. James Bank & Trust Company Ltd. (“St. James Bank”), Omega & Corinth Group Ltd., and related parties (collectively, the “Wade Defendants”), alleging a scheme involving the unauthorized transfer and sale of approximately 96 million Datavault AI, Inc. (“Datavault”) common shares (“DVLT”) that were pledged as collateral in a stock loan transaction (the “Pledged DVLT Shares”). The lawsuit also names The Bank of New York Mellon Corporation (“BNY Mellon”) for its alleged role in openin
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SCLX
News
- Scilex Holding Company Files Federal Securities Fraud Lawsuit Seeking Recovery of Approximately Ninety-Six (96) Million Misappropriated Collateral Shares of Datavault AI, Inc. from Marc Wade, The St. James Bank & Trust Company Ltd., Omega & Corinth Group GlobeNewswire
- Scilex Holding Company Announces $20 Million Strategic Investment in Quantum Scan Holdings, Inc., Targeting Trillion-Dollar Preventive Diagnosis and Prognosis MarketsGlobeNewswire
- Oramed receives $18 million payment from Scilex, approves $0.25 per share dividend [Seeking Alpha]Seeking Alpha
- Datavault price target raised to $4 from $3 at Maxim [Yahoo! Finance]Yahoo! Finance
- Scilex Holding Company Appoints Kasowitz LLP as Litigation and Intellectual Property Counsel [Yahoo! Finance]Yahoo! Finance
SCLX
Earnings
- 5/14/25 - Beat
SCLX
Sec Filings
- 3/13/26 - Form 8-K
- 3/13/26 - Form 8-K
- 2/23/26 - Form 424B3
- SCLX's page on the SEC website