Datavault AI Files Defamation Lawsuit Against Wolfpack Research Over Short Report

Datavault AI Inc. (NASDAQ: DVLT) has initiated legal action against Wolfpack Research and its founder Dan David, filing a defamation complaint in response to a short report released on October 31, 2025. The data tokenization and management company, represented by Paul Hastings LLP, contends that the report contained false and misleading statements that ignored verifiable facts and omitted crucial context, resulting in direct harm to both the company and its shareholders.

The lawsuit represents a significant development in the ongoing tension between public companies and short-selling research firms. Nathaniel Bradley, CEO of Datavault AI, stated the company's determination to pursue all available legal options to hold Wolfpack Research and Dan David accountable through the court system. Bradley emphasized that despite the legal proceedings, Datavault remains focused on its core business objectives of revenue generation and shareholder value creation.

The legal complaint has been formally documented as Exhibit 99.1 to Datavault's Form 8-K filing with the Securities and Exchange Commission on November 10, 2025, making the details publicly available through regulatory channels. This move demonstrates the company's commitment to transparency while addressing what it characterizes as damaging misinformation.

The implications of this lawsuit extend beyond the immediate parties involved, potentially setting precedents for how public companies respond to critical research reports from short-selling firms. The case raises important questions about the boundaries between legitimate financial analysis and potentially defamatory content in investment research. For investors, the outcome could influence how they evaluate conflicting information from companies and independent research firms.

Datavault AI's decision to pursue legal action rather than solely relying on public rebuttals signals a more aggressive approach to managing corporate reputation and shareholder communications. The company's full press release detailing the lawsuit is accessible at https://ibn.fm/zGXc3, providing additional context for investors and industry observers following the development.

This legal confrontation occurs as Datavault AI continues to develop its technology platform focused on AI experience, valuation, and monetization of assets in Web 3.0 environments. The company's cloud-based solutions serve multiple industries including sports and entertainment, biotech, education, fintech, and healthcare through its Acoustic Science and Data Science divisions. More information about the company's operations and technology offerings can be found at https://www.datavaultsite.com.

The lawsuit's progression will be closely monitored by market participants, as it may establish important legal parameters for short-selling research methodologies and corporate response strategies. The case also highlights the ongoing challenges public companies face in maintaining shareholder confidence amid conflicting market narratives and research reports.