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Holding Co - Files Complaint Against Wade Defendants and Bny Mellon in U.S. District Court - SEC Filing","url":"https://stock-news.laohu8.com/highlight/detail?id=2619219372","media":"THOMSON REUTERS","labels":["policyRegulatory"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2619219372?lang=en_us&edition=fundamental","pubTime":"2026-03-13 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The suit alleges the defendants fraudulently induced Scilex into a non-recourse stock loan and then sold more than 85 million Datavault shares pledged as collateral. Scilex alleges BNY Mellon held and sold Datavault shares through an account opened in Scilex’s name or for its benefit without authorization. The complaint asserts claims including Exchange Act Section 10 and Rule 10b-5, conversion, and negligence, and seeks at least USD 100 million in damages.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 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The warrant is immediately exercisable, expires Dec. 13, 2029, and was issued in a private placement exemption, with Scilex agreeing to file a resale registration statement for the underlying shares.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Scilex Holding Company published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission , on February 20, 2026, and is solely responsible for the informatio","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260220:nNDLbgPqBR:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["SCLX","ORMP","BK4007"],"isVideo":false,"video":null,"gpt_icon":0}],"pageSize":20,"totalPage":4,"pageCount":4,"totalSize":63,"code":"91000000","status":"200"}]}}