Business
VisionWave Holdings, Inc. Declares Zero Tolerance Toward Market Manipulation
Engages Paul Hastings LLP to File Civil Complaint on Naked Short Selling Reaffirms that Suspected Manipulative Trading will not be Tolerated WEST HOLLYWOOD, Calif., Feb. 25, 2026 (GLOBE NEWSWIRE) -- VisionWave Holdings, Inc. (Nasdaq: VWAV) today announced that the Company has completed its interview process with multiple leading law firms specializing in securities and market-manipulation litigation. Following that review, VisionWave has engaged Paul Hastings LLP, one of the nation’s most respec
About this update from Visionwave Holdings, Inc.
[{"type":"image","alt":"VisionWave Holdings, Inc.","displaySize":"","headline":null,"caption":"VisionWave Holdings, Inc.","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":45,"url":"https://media.zenfs.com/en/globenewswire.com/b2e2070ec04378168a794f4087c6b08b"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/s6JhHDXZcCUk56qBdHEr4A--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTYzO2NmPXdlYnA-/https://media.zenfs.com/en/globenewswire.com/b2e2070ec04378168a794f4087c6b08b","width":300,"height":45}},"lazy":false},{"type":"text","content":"Engages Paul Hastings LLP to File Civil Complaint on Naked Short Selling","length":72,"tagName":"p"},{"type":"text","content":"Reaffirms that Suspected Manipulative Trading will not be Tolerated","length":67,"tagName":"p"},{"type":"text","content":"WEST HOLLYWOOD, Calif., Feb. 25, 2026 (GLOBE NEWSWIRE) -- VisionWave Holdings, Inc. (Nasdaq: VWAV) today announced that the Company has completed its interview process with multiple leading law firms specializing in securities and market-manipulation litigation. Following that review, VisionWave has engaged Paul Hastings LLP, one of the nation’s most respected global law firms with exceptional securities and complex litigation expertise, to prepare and file a civil complaint addressing suspected to trading irregularities in the Company’s stock.","length":550,"tagName":"p"},{"type":"text","content":"VisionWave emphasized that it will pursue, without compromise, any party believed to have engaged in manipulative trading or other violations of securities laws that may have harmed the Company or its shareholders. Based on the Company’s review and information submitted to regulators, the Company believes certain trading activity may have artificially pressured the share price. The Company intends to expose the perpetrators and hold them fully accountable under the law.","length":474,"tagName":"p"},{"type":"text","content":"“The Company will not tolerate suspected illegal naked short selling or other potentially manipulative conduct and will pursue these bad actors to the fullest extent permitted by law,” said Douglas Davis, Executive Chairman and Interim CEO of VisionWave Holdings, Inc. “After interviewing several national firms, Paul Hastings was the clear standout. The Firm combines unmatched resources with deep experience in securities litigation and activi...