DeFi Technologies Inc(DEFT)
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Securities Fraud Investigation Into DeFi Technologies Inc. (DEFT) Announced – Shareholders Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz
Businesswire· 2025-12-04 00:17
Core Viewpoint - DeFi Technologies Inc. is under investigation for potential violations of federal securities laws, which may impact investors who have incurred losses [1] Investigation Details - The investigation is initiated by the Law Offices of Frank R. Cruz on behalf of investors [1] - The investigation follows a press release issued by DeFi on November 6, 2025, indicating possible issues related to compliance with securities regulations [1]
DEFT Investors Have Opportunity to Lead DeFi Technologies, Inc. Securities Fraud Lawsuit
Prnewswire· 2025-12-03 22:56
Core Viewpoint - Rosen Law Firm has announced a class action lawsuit on behalf of purchasers of DeFi Technologies, Inc. securities, alleging that the company made false and misleading statements during the class period from May 12, 2025, to November 14, 2025, which negatively impacted investors [1][1][1] Summary by Relevant Sections Class Action Details - The class action lawsuit has already been filed, and investors who purchased DeFi Technologies securities during the specified period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1][1][1] - Interested parties must move the court to serve as lead plaintiff by January 30, 2026 [1][1][1] Allegations Against DeFi Technologies - The lawsuit claims that DeFi Technologies faced delays in executing its DeFi arbitrage strategy, which was a key revenue driver [1][1][1] - It is alleged that the company understated the competition it faced from other digital asset treasury companies, impacting its ability to execute its strategy [1][1][1] - The lawsuit states that DeFi Technologies was unlikely to meet its previously issued revenue guidance for the fiscal year 2025 due to these issues [1][1][1] - Defendants allegedly downplayed the negative impact of these issues on the company's business and financial results, leading to materially false and misleading public statements [1][1][1] Rosen Law Firm's Background - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest securities class action settlement against a Chinese company and being ranked No. 1 for the number of settlements in 2017 [1][1][1] - The firm has recovered hundreds of millions of dollars for investors, securing over $438 million in 2019 alone [1][1][1]
SHAREHOLDER ALERT Bernstein Liebhard LLP Announces A Securities Fraud Class Action Lawsuit Has Been Filed Against DeFi Technologies Inc. (NASDAQ: DEFT)
Globenewswire· 2025-12-03 17:45
Core Viewpoint - A class action lawsuit has been filed against DeFi Technologies Inc. for alleged violations of the Securities Exchange Act of 1934, specifically regarding misrepresentations about the company's revenue guidance for fiscal year 2025 [1][2]. Group 1 - The complaint was filed in the United States District Court for the Eastern District of New York on behalf of investors who purchased or acquired DeFi Technologies securities between May 12, 2025, and November 14, 2025 [1]. - The lawsuit alleges that certain senior officers of DeFi Technologies made misrepresentations concerning the company's financial performance [2]. - Investors are encouraged to join the class action lawsuit and discuss their legal rights and options [2]. Group 2 - Interested parties wishing to serve as lead plaintiff must file papers by January 30, 2026, and representation is on a contingency fee basis, meaning shareholders pay no fees or expenses [3]. - Bernstein Liebhard LLP has a history of recovering over $3.5 billion for clients and has been recognized for its success in litigating class actions [4].
Portnoy Law Firm Announces Class Action on Behalf of DeFi Technologies, Inc. Investors
Globenewswire· 2025-12-03 17:15
Core Viewpoint - DeFi Technologies, Inc. is facing a class action lawsuit due to alleged misleading statements and undisclosed issues affecting its business and financial results during the specified class period from May 12, 2025, to November 14, 2025 [1][3]. Group 1: Lawsuit Details - The lawsuit claims that DeFi Technologies faced delays in executing its DeFi arbitrage strategy, which was a key revenue driver [3]. - It is alleged that DeFi Technologies understated the competition from other digital asset treasury companies, impacting its ability to execute its strategy [3]. - The company is unlikely to meet its previously issued revenue guidance for the fiscal year 2025 due to these issues [3]. Group 2: Investor Impact - The lawsuit asserts that the defendants downplayed the severity of the negative impacts on DeFi Technologies' business and financial results [3]. - Investors suffered damages when the true details about the company's challenges became public [3]. Group 3: Legal Representation - The Portnoy Law Firm is representing investors in this case and offers complimentary case evaluations [2][4]. - The firm has a history of recovering over $5.5 billion for aggrieved investors [4].
DEFT INVESTOR NOTICE: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of DeFi Technologies
Globenewswire· 2025-12-03 14:46
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against DeFi Technologies Inc. due to allegations of violations of federal securities laws, particularly concerning misleading statements and undisclosed operational challenges that have negatively impacted the company's financial performance [4][6]. Summary by Relevant Sections Company Overview - DeFi Technologies Inc. is listed on NASDAQ under the ticker DEFT and has faced significant operational challenges that have led to a decline in its stock price and revenue forecasts [4][6]. Legal Investigation - The law firm Faruqi & Faruqi is encouraging investors who suffered losses in DeFi Technologies between May 12, 2025, and November 14, 2025, to discuss their legal options, with a deadline of January 30, 2026, to seek the role of lead plaintiff in a federal securities class action [4][10]. Allegations Against DeFi Technologies - The complaint alleges that DeFi Technologies and its executives made false or misleading statements regarding: - Delays in executing its DeFi arbitrage strategy, a key revenue driver [6] - Understating competition from other digital asset trading (DAT) companies [6] - Unlikelihood of meeting previously issued revenue guidance for fiscal year 2025 [6] - Downplaying the negative impact of these issues on business and financial results [6] Financial Performance - On November 14, 2025, DeFi Technologies reported a nearly 20% revenue decline, significantly missing market expectations, and lowered its 2025 revenue forecast from $218.6 million to approximately $116.6 million due to delays in executing arbitrage opportunities [8]. - Following the financial disclosures, DeFi Technologies' stock price fell by $0.40 per share, or 27.59%, closing at $1.05 per share on November 17, 2025 [9]. Management Changes - Concurrently with the financial report, DeFi Technologies announced that CEO Newton would transition to an advisory role, indicating potential leadership instability within the company [8].
DEFT ALERT: Kirby McInerney LLP Announces the Filing of a Securities Class Action on Behalf of DeFi Technologies Investors
Businesswire· 2025-12-02 23:00
Core Viewpoint - A class action lawsuit has been filed against DeFi Technologies on behalf of investors who acquired its securities during the specified class period, alleging misleading statements and failure to disclose critical business challenges [1][2]. Summary by Sections Lawsuit Details - The lawsuit claims that DeFi Technologies faced delays in executing its DeFi arbitrage strategy, which was a key revenue driver [2]. - It is alleged that the company understated the competition from other digital asset treasury companies, impacting its ability to execute its strategy [2]. - The lawsuit also states that DeFi was unlikely to meet its previously issued revenue guidance for fiscal year 2025 due to these issues [2]. Financial Impact - On November 6, 2025, DeFi reported a decline in share price by approximately 7.43%, dropping from $1.75 to $1.62 following a press release about arbitrage trade delays [3]. - On November 14, 2025, DeFi announced a nearly 20% revenue decline, significantly lowering its 2025 revenue forecast from $218.6 million to approximately $116.6 million, attributing this to delays in executing arbitrage opportunities [4]. - Following this announcement, DeFi's share price fell by approximately 14.63%, from $1.23 to $1.05 [4]. Investor Actions - Investors who suffered losses on their DeFi investments have until January 20, 2026, to request lead plaintiff appointment in the class action lawsuit [2][5]. - The lead plaintiff appointment process allows investors with the largest financial loss to represent the class, influencing case strategy and settlement decisions [5].
DeFi Technologies Shareholder Alert By Former Louisiana Attorney General: Kahn Swick & Foti, LLC Reminds Investors with Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against DeFi Technologies Inc. – DEFT
Businesswire· 2025-12-02 21:46
Core Viewpoint - Investors with significant losses in DeFi Technologies Inc. have until January 30, 2026, to file lead plaintiff applications in a securities class action lawsuit [1] Group 1 - The lawsuit pertains to investors who purchased or acquired DeFi Technologies' securities between May 12, 2025, and November 14, 2025 [1]
Investor Notice: Robbins LLP Informs Investors of the DeFi Technologies Inc. Securities Class Action
Prnewswire· 2025-12-02 20:30
Core Viewpoint - A class action lawsuit has been filed against DeFi Technologies Inc. for allegedly misleading investors about its business prospects and financial performance during a specific period [1][2]. Group 1: Allegations and Financial Performance - The lawsuit claims that DeFi Technologies did not disclose delays in executing its DeFi arbitrage strategy, which was a key revenue driver [2]. - It is alleged that the company understated the competition it faced from other digital asset treasury (DAT) companies, impacting its ability to execute its strategy [2]. - As a result of these issues, DeFi Technologies is unlikely to meet its previously issued revenue guidance for fiscal year 2025 [2]. - On November 14, 2025, DeFi Technologies reported a revenue decline of nearly 20%, significantly lowering its 2025 revenue forecast from $218.6 million to approximately $116.6 million [3]. - The reduction in revenue forecast was attributed to delays in executing DeFi Alpha arbitrage opportunities due to increased competition and consolidation in digital asset price movements [3]. - Following the disappointing financial results, the company's stock price fell by $0.40 per share, or 27.59%, closing at $1.05 per share on November 17, 2025 [3]. Group 2: Legal Proceedings and Participation - Shareholders may be eligible to participate in the class action against DeFi Technologies Inc. and can contact Robbins LLP if they wish to serve as lead plaintiff [3]. - The lead plaintiff acts on behalf of other class members in directing the litigation, and shareholders do not need to participate in the case to be eligible for recovery [3].
Rosen Law Firm Urges DeFi Technologies, Inc. (NASDAQ: DEFT) Stockholders to Contact the Firm for Information About Their Rights
Businesswire· 2025-12-02 17:13
Core Viewpoint - Rosen Law Firm has initiated a class action lawsuit against DeFi Technologies, Inc. (NASDAQ: DEFT) on behalf of investors who purchased securities between May 12, 2025, and November 14, 2025, alleging that the company misled investors regarding its business operations and financial performance [1][2]. Allegations - The lawsuit claims that DeFi Technologies made false and misleading statements, failing to disclose significant delays in executing its DeFi arbitrage strategy, which was a key revenue driver [3]. - It is alleged that the company understated the competition it faced from other digital asset treasury companies, impacting its ability to execute its strategy [3]. - The lawsuit asserts that DeFi Technologies was unlikely to meet its previously issued revenue guidance for the fiscal year 2025 due to these issues [3]. - Defendants allegedly downplayed the severity of the negative impacts on the company's business and financial results, leading to materially false public statements [3]. - Investors reportedly suffered damages when the true details about the company's situation became public [3]. Next Steps for Investors - Shareholders interested in serving as lead plaintiffs must file their motions with the court by January 30, 2026 [4]. - Investors do not need to participate in the case to be eligible for recovery and can remain absent class members if they choose [4]. Rosen Law Firm Background - Rosen Law Firm is recognized for its commitment to shareholder rights litigation, having recovered over $1 billion for shareholders since its inception [6].
DEFI TECHNOLOGIES INC. (NASDAQ: DEFT) INVESTOR ALERT Investors With Large Losses in DeFi Technologies Inc. Should Contact Bernstein Liebhard LLP To Discuss Their Rights
Globenewswire· 2025-12-02 16:54
Group 1 - A shareholder has filed a securities class action lawsuit on behalf of investors who purchased or acquired the securities of DeFi Technologies Inc. between May 12, 2025, and November 14, 2025 [1] - The lawsuit alleges that Defendants made misrepresentations regarding the Company's revenue guidance for fiscal year 2025 [2] - Investors wishing to serve as lead plaintiff must file papers by January 30, 2026, and representation is on a contingency fee basis, meaning shareholders pay no fees or expenses [3] Group 2 - Bernstein Liebhard LLP has recovered over $3.5 billion for its clients since 1993 and has represented both individual investors and large public and private pension funds [4]