Datavault AI sues short seller Wolfpack Research for defamation after 15% stock drop

Datavault AI Inc.

Datavault AI sues Wolfpack Research and Dan David for defamation over Oct 31 'short-and-distort' report.
Complaint alleges report contained false claims that platform is a 'wasteland' and company is a sham.
Stock dropped more than 15% following publication; investors cited report as reason for selling.
Company reported Q2 2025 revenue of $1.7M (500% YoY growth) and raised $160M in recent months.
Plaintiffs seek monetary damages, declaratory relief, and attorneys' fees in N.D. Illinois.

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