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DEFT ALERT: Kirby McInerney LLP Reminds DeFi Technologies Investors of Important Deadline in Class Action Lawsuit
Businesswire· 2025-12-12 23:00
Core Viewpoint - The lawsuit against DeFi Technologies alleges that the company made misleading statements regarding its financial performance and competitive landscape, leading to significant losses for investors during the specified class period [2]. Group 1: Lawsuit Details - The lawsuit is on behalf of investors who purchased securities from May 12, 2025, to November 14, 2025, alleging false statements and omissions regarding the company's DeFi arbitrage strategy and competition [2]. - Key allegations include delays in executing the DeFi arbitrage strategy, understatement of competition from digital asset treasury companies, and an inability to meet previously issued revenue guidance for fiscal year 2025 [2]. Group 2: Financial Impact - On November 6, 2025, DeFi's share price fell by approximately 7.43%, from $1.75 to $1.62, following a press release indicating that digital asset treasury companies had absorbed a significant share of arbitrage opportunities [3]. - Following the Q3 2025 financial results announcement on November 14, 2025, which reported a nearly 20% revenue decline and a lowered revenue forecast from $218.6 million to approximately $116.6 million, the share price dropped by about 14.63%, from $1.23 to $1.05 [4].
DEFT DEADLINE: Faruqi & Faruqi Reminds DeFi Technologies Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of January 30, 2026 - DEFT
Prnewswire· 2025-12-12 16:17
Core Insights - The complaint alleges that DeFi Technologies and its executives violated federal securities laws by making false or misleading statements regarding their DeFi arbitrage strategy and competition [2] - Following the release of disappointing financial results and a significant revenue forecast reduction, DeFi Technologies' stock price experienced a notable decline [4][5] Group 1: Allegations and Financial Impact - DeFi Technologies faced delays in executing its DeFi arbitrage strategy, which was a key revenue driver [2] - The company understated the competition from other Digital Asset Trading (DAT) companies, impacting its ability to execute its strategy [2] - As a result of these issues, DeFi Technologies was unlikely to meet its previously issued revenue guidance for fiscal year 2025 [2] - The company reported a revenue decline of nearly 20% for Q3 2025, falling short of market expectations [4] - DeFi Technologies significantly lowered its 2025 revenue forecast from $218.6 million to approximately $116.6 million due to delays in executing arbitrage opportunities [4] Group 2: Stock Price Reaction - Following the press release about the arbitrage trade, DeFi Technologies' stock price fell by $0.13 per share, or 7.43%, closing at $1.62 on November 6, 2025 [3] - After the Q3 financial results were disclosed, the stock price dropped by $0.40 per share, or 27.59%, closing at $1.05 on November 17, 2025 [5]
Levi & Korsinsky Announces the Filing of a Securities Class Action on Behalf of DeFi Technologies(DEFT) Shareholders
Prnewswire· 2025-12-12 14:00
Core Viewpoint - DeFi Technologies is facing a class action lawsuit due to alleged securities fraud that has negatively impacted investors between May 12, 2025, and November 14, 2025 [1][2]. Group 1: Allegations and Impact - The lawsuit claims that DeFi Technologies made false statements regarding delays in executing its DeFi arbitrage strategy, which is a key revenue driver for the company [2]. - It is alleged that the company understated the competition it faced from other digital asset treasury companies, which affected its ability to execute its DeFi arbitrage strategy [2]. - As a result of these issues, DeFi Technologies is unlikely to meet its previously issued revenue guidance for the fiscal year 2025 [2]. - The defendants are accused of downplaying the true scope and severity of the negative impacts on the company's business and financial results [2]. - Public statements made by the defendants are claimed to be materially false and misleading throughout the relevant period [2]. Group 2: Legal Process and Participation - Investors who suffered losses in DeFi Technologies during the relevant timeframe have until January 30, 2026, to request to be appointed as lead plaintiff [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees, and participation does not require serving as a lead plaintiff [3]. Group 3: Firm Background - Levi & Korsinsky has a history of securing hundreds of millions of dollars for shareholders and has extensive expertise in complex securities litigation [4]. - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as one of the top securities litigation firms in the United States [4].
Deadline Soon: DeFi Technologies Inc. (DEFT) Investors Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz About Securities Fraud Lawsuit
Globenewswire· 2025-12-12 01:43
LOS ANGELES, Dec. 11, 2025 (GLOBE NEWSWIRE) -- The Law Offices of Frank R. Cruz reminds investors of the upcoming January 30, 2026 deadline to participate as a lead plaintiff in the securities fraud class action lawsuit filed on behalf of investors who acquired DeFi Technologies Inc. ("DeFi" or the “Company") (NASDAQ: DEFT) securities between May 12, 2025 and November 14, 2025, inclusive (the “Class Period”). IF YOU ARE AN INVESTOR WHO LOST MONEY ON DEFI (DEFT), CLICK HERE TO PARTICIPATE IN THE SECURITIES F ...
ROSEN, A RANKED AND LEADING LAW FIRM, Encourages DeFi Technologies, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – DEFT
Globenewswire· 2025-12-11 23:34
Core Viewpoint - A class action lawsuit has been filed against DeFi Technologies, Inc. for misleading statements regarding its financial performance and business operations during the specified Class Period from May 12, 2025, to November 14, 2025 [1][5]. Group 1: Lawsuit Details - The lawsuit claims that DeFi Technologies made false and misleading statements about delays in executing its DeFi arbitrage strategy, which is a key revenue driver [5]. - It is alleged that the company understated the competition it faced from other digital asset treasury companies, impacting its ability to execute its strategy [5]. - The lawsuit indicates that DeFi Technologies was unlikely to meet its previously issued revenue guidance for the fiscal year 2025 due to these issues [5]. Group 2: Investor Information - Investors who purchased DeFi Technologies securities during the Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - Interested investors can join the class action by visiting the provided link or contacting the law firm directly [3][6]. Group 3: Law Firm Credentials - The Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including the largest securities class action settlement against a Chinese company [4]. - The firm has been consistently ranked among the top firms for securities class action settlements and has recovered hundreds of millions of dollars for investors [4].
Class Action Filed Against DeFi Technologies (DEFT) - January 30, 2026 Deadline to Join – Contact The Gross Law Firm
Globenewswire· 2025-12-11 22:08
Core Viewpoint - The Gross Law Firm is notifying shareholders of DeFi Technologies (NASDAQ: DEFT) about a class action lawsuit due to alleged misleading statements and omissions that negatively impacted the company's stock value during the specified class period [1][3]. Group 1: Allegations - The complaint alleges that DeFi Technologies faced delays in executing its DeFi arbitrage strategy, which was a key revenue driver for the company [3]. - It is claimed that the company understated the competition from other digital asset treasury companies, affecting its ability to execute its DeFi arbitrage strategy [3]. - The lawsuit suggests that DeFi Technologies was unlikely to meet its previously issued revenue guidance for the fiscal year 2025 due to these issues [3]. - The defendants allegedly downplayed the severity of the negative impacts on the company's business and financial results [3]. - Public statements made by the defendants were claimed to be materially false and misleading throughout the class period [3]. Group 2: Class Action Details - The class period for the lawsuit is defined as May 12, 2025, to November 14, 2025 [3]. - Shareholders are encouraged to register for the class action by January 30, 2026, to potentially be appointed as lead plaintiffs [4]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the case's progress [4]. Group 3: Law Firm Information - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit and fraud [5]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [5].
Law Offices of Frank R. Cruz Encourages DeFi Technologies Inc. (DEFT) Shareholders to Inquire About Securities Fraud Class Action
Businesswire· 2025-12-11 17:07
absorbed or delayed a significant share of arbitrage opportunities over the past year.†LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces that a class action lawsuit has been filed on behalf of shareholders who purchased DeFi Technologies Inc. ("DeFi†or the "Company†) (NASDAQ: DEFT) securities between May 12, 2025 and November 14, 2025, inclusive (the "Class Period†). DeFi investors have until January 30, 2026 to file a lead plaintiff motion. Law Offices of Frank R. Cruz Encourag ...
DEFT LAWSUIT ALERT: The Gross Law Firm Notifies DeFi Technologies Investors of a Class Action Lawsuit and Upcoming Deadline
Prnewswire· 2025-12-11 14:00
Core Viewpoint - DeFi Technologies (NASDAQ: DEFT) is facing a class action lawsuit due to allegations of issuing materially false and misleading statements regarding its business operations and financial performance during the class period from May 12, 2025, to November 14, 2025 [1]. Group 1: Allegations - The complaint alleges that DeFi Technologies faced delays in executing its DeFi arbitrage strategy, which was a key revenue driver for the company [1]. - It is claimed that DeFi Technologies understated the competition it faced from other digital asset treasury companies, impacting its ability to execute its DeFi arbitrage strategy [1]. - The company is unlikely to meet its previously issued revenue guidance for the fiscal year 2025 due to the aforementioned issues [1]. - Defendants allegedly downplayed the true scope and severity of the negative impacts on DeFi Technologies' business and financial results [1]. - Public statements made by the defendants were materially false and misleading throughout the class period [1]. Group 2: Next Steps for Shareholders - Shareholders who purchased shares of DEFT during the specified timeframe are encouraged to register for the class action by January 30, 2026 [2]. - Registered shareholders will be enrolled in a portfolio monitoring software to receive status updates throughout the lifecycle of the case [2]. - Participation in the case incurs no cost or obligation for shareholders [2]. Group 3: Law Firm Information - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting the rights of investors affected by deceit, fraud, and illegal business practices [3]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements or omissions [3].
TenX Protocols, a DeFi Technologies Advisory Client and Venture Investment, Debuts on TSX Venture Exchange as "TNX" Following Successful $30 Million Financing
Prnewswire· 2025-12-10 21:17
Core Insights - DeFi Technologies Inc. announced that TenX Protocols Inc. began trading on the TSX Venture Exchange under the ticker symbol TNX, following a successful subscription receipt financing that raised over C$33 million in 2025 [1][5]. Group 1: Company Overview - DeFi Technologies is a financial technology company that connects traditional capital markets with decentralized finance (DeFi) [1][4]. - The company operates as a digital asset manager, providing diversified exposure to the decentralized economy through various subsidiaries, including Valour, Stillman Digital, and Reflexivity Research [4][5]. Group 2: TenX Protocols Inc. - TenX is positioned as a leader in blockchain infrastructure, focusing on generating recurring revenue through high-performance Layer 1 networks such as Solana, Sui, and Sei [3][4]. - The company offers institutional-grade staking infrastructure, validator services, and digital asset treasury strategies, allowing public investors to gain exposure to emerging Web3 ecosystems [3][4]. Group 3: Financing and Partnerships - The financing for TenX included participation from notable digital asset investors and institutions, such as Borderless Capital and HIVE Blockchain Technologies [2][5]. - Stillman Digital, a subsidiary of DeFi Technologies, will collaborate with TenX to provide institutional trade execution services and market intelligence to enhance treasury deployment across multiple blockchain networks [2][5].
Deadline Alert: DeFi Technologies Inc. (DEFT) Shareholders Who Lost Money Urged to Contact Glancy Prongay & Murray LLP About Securities Fraud Lawsuit
Businesswire· 2025-12-10 17:00
Group 1 - The article highlights the upcoming deadline of January 30, 2026, for investors to file a lead plaintiff motion in a class action lawsuit concerning DeFi Technologies Inc. (NASDAQ: DEFT) [1] - The class action is on behalf of investors who purchased or acquired DeFi Technologies securities during the specified Class Period from May 12, 2025, to November 14, 2025 [1] - The notice serves as a reminder for investors who suffered losses on their DeFi investments to consider pursuing claims [1]