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 lawsuit, filed through legal representation from Paul Hastings LLP, contends that the report contained false and misleading statements about the data tokenization and management company. According to the complaint, Wolfpack Research ignored verifiable facts and omitted crucial context in their analysis, resulting in direct harm to Datavault AI and its shareholder base.

The legal filing 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 pursue accountability through the legal system. "We will pursue all options to hold Wolfpack and Dan David accountable in court," Bradley stated, while reaffirming the company's continued focus on revenue generation and shareholder value creation. The complaint has been formally included as Exhibit 99.1 to Datavault's Form 8-K filing with the Securities and Exchange Commission dated November 10, 2025.

This legal action highlights the growing scrutiny of short-selling practices and their potential impact on publicly traded companies. The lawsuit alleges that the report's content crossed from legitimate financial analysis into defamatory territory, raising questions about the boundaries of research reporting in financial markets. The case could establish important precedents regarding the legal responsibilities of research firms when publishing negative reports about public companies, particularly in the rapidly evolving technology sector where Datavault AI operates.

The implications extend beyond the immediate parties involved, potentially affecting how investors evaluate short reports and how research firms conduct their due diligence. The outcome may influence the standards for financial reporting and the legal protections available to companies targeted by short sellers. For current and prospective investors, the lawsuit represents both a defense of company valuation and a test case for corporate responses to negative research publications. Additional information about the company is available through their corporate website at https://www.datavaultsite.com and through their SEC filings accessible via the SEC's EDGAR database.