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 regarding a short report released on October 31, 2025. The company, represented by legal firm Paul Hastings LLP, contends that the report contained false and misleading statements while ignoring verifiable facts and omitting crucial context. According to the complaint, these actions directly harmed Datavault AI and its shareholders, prompting the legal response.

The lawsuit represents a significant development in the ongoing tension between public companies and short-selling research firms. Nathaniel Bradley, CEO of Datavault AI, emphasized the company's determination to hold Wolfpack Research and Dan David accountable through the legal system. Bradley stated that while pursuing legal remedies, the company remains focused on its core business objectives of generating revenue and driving shareholder value. The legal filing comes at a time when regulatory scrutiny of short-selling practices has been increasing across financial markets.

A copy of the formal complaint has been included as Exhibit 99.1 to Datavault's Form 8-K filing with the Securities and Exchange Commission on November 10, 2025. This public filing ensures transparency and allows investors and regulatory bodies to review the specific allegations being made against Wolfpack Research. The case highlights the potential legal risks faced by research firms when publishing critical reports about publicly traded companies, particularly when those reports may impact stock prices and investor confidence.

Datavault AI's decision to pursue legal action underscores the company's commitment to protecting its reputation and shareholder interests. The lawsuit could set important precedents regarding the boundaries of acceptable research practices and the legal responsibilities of firms that publish investment research. As the case progresses through the legal system, it will likely be closely watched by both the investment community and corporate entities concerned about similar research reports affecting their market valuation and public perception.

The company maintains its position as a leader in data tokenization and management technologies, with its cloud-based platform serving multiple industries including sports and entertainment, biotech, education, fintech, and healthcare. Additional information about the company is available at https://www.datavaultsite.com. The legal action represents a significant step in addressing what Datavault AI characterizes as damaging misinformation in the public domain, with potential implications for how research firms conduct due diligence and present findings about public companies moving forward.