Datavault AI Files Legal Action Against Wolfpack Research Over Allegedly False Short Report

Datavault AI Inc. (NASDAQ: DVLT) has formally responded to a short report published by Wolfpack Research, condemning what the company describes as false and defamatory claims intended to manipulate its stock price for short sellers' financial gain. The data tokenization and management leader announced it has retained Paul Hastings LLP and Dickinson Wright PLLC to pursue legal remedies against the research firm.

Litigation counsel Jacob Frenkel emphasized the company's intent to hold Wolfpack Research accountable for what he characterized as abusive, fraudulent, and manipulative practices in the financial markets. The legal action represents a significant escalation in the ongoing battle between publicly traded companies and short-selling research firms, highlighting the increasing tension in market dynamics where such reports can substantially impact shareholder value.

CEO Nathaniel T. Bradley reaffirmed Datavault AI's strong intellectual property foundation, noting the company now holds more than 70 patents across AI-driven data valuation, blockchain tokenization, and acoustic data systems. This extensive patent portfolio underscores the company's commitment to innovation and technological advancement in the rapidly evolving Web 3.0 environment. The company's cloud-based platform provides comprehensive solutions with collaborative focus through its Acoustic Science and Data Science Divisions.

Bradley also highlighted ongoing partnerships, acquisitions, and media initiatives that support the company's growth and innovation strategy. The company's technology suite serves multiple industries including sports and entertainment, biotech, education, fintech, real estate, healthcare, and energy through its High-Performance Computing software licensing. The Information Data Exchange enables Digital Twins and licensing of name, image, and likeness by securely attaching physical real-world objects to immutable metadata objects.

The latest news and updates relating to DVLT are available in the company's newsroom at https://ibn.fm/DVLT. This legal action against Wolfpack Research represents a critical moment for Datavault AI as it seeks to protect its market position and shareholder interests against what it perceives as market manipulation. The outcome of this legal battle could set important precedents for how companies respond to short reports and defend against allegations that may impact stock performance and investor confidence.

For investors and market observers, this development highlights the ongoing challenges companies face in maintaining market stability amid increasing scrutiny from short-selling firms. The case also underscores the importance of robust intellectual property portfolios and transparent business practices in defending against market manipulation claims. As the legal proceedings unfold, the financial community will be watching closely to see how this case influences future interactions between publicly traded companies and research firms that publish critical reports on their operations and valuation.