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 ...

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].

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].

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]

Core Viewpoint - Kuehn Law is investigating potential breaches of fiduciary duties by officers and directors of DeFi Technologies Inc. (NASDAQ: DEFT) towards shareholders [1] Group 1: Legal Investigation - A federal securities lawsuit alleges that insiders at DeFi misrepresented or failed to disclose critical information regarding delays in executing its DeFi arbitrage strategy, which is a key revenue driver [2] - The lawsuit claims that DeFi understated the competition it faced from other DAT companies and the negative impact this competition would have on its business [2] - As a result of these issues, DeFi is unlikely to meet its previously issued revenue guidance, and the true extent of the negative impact on its financial results was downplayed [2] Group 2: Shareholder Action - Shareholders who purchased DEFT prior to May 12, 2025, are encouraged to contact Kuehn Law for potential legal action, as there may be limited time to enforce their rights [3] - Kuehn Law covers all case costs and does not charge its investor clients, emphasizing the importance of shareholder involvement in maintaining market integrity [4]

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against DeFi Technologies Inc. due to allegations of violations of federal securities laws, encouraging affected investors to come forward before the January 30, 2026 deadline for lead plaintiff applications in a federal securities class action [3][9]. Group 1: Allegations Against DeFi Technologies - The complaint alleges that DeFi Technologies and its executives made false and misleading statements regarding the company's DeFi arbitrage strategy, which was a key revenue driver [5]. - It is claimed that DeFi Technologies understated the competition it faced from other digital asset trading (DAT) companies, impacting its ability to execute its arbitrage strategy [5]. - The company is accused of failing to meet its previously issued revenue guidance for fiscal year 2025 due to these issues [5]. Group 2: Financial Performance and Stock Impact - On November 14, 2025, DeFi Technologies reported a nearly 20% revenue decline, significantly below market expectations, and lowered its 2025 revenue forecast from $218.6 million to approximately $116.6 million [7]. - Following the negative 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 [8]. - The company attributed the revenue reduction to delays in executing arbitrage opportunities due to increased competition and consolidation in digital asset price movements [7]. Group 3: Legal and Investor Actions - Investors who purchased securities in DeFi Technologies between May 12, 2025, and November 14, 2025, are encouraged to contact Faruqi & Faruqi to discuss their legal rights [1][3]. - The firm is also seeking information from whistleblowers, former employees, and shareholders regarding DeFi Technologies' conduct [10].

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against DeFi Technologies Inc. due to allegations of misleading statements and failure to disclose critical business challenges that have negatively impacted the company's financial performance [2][5]. Group 1: Legal Investigation and Claims - Faruqi & Faruqi, LLP is encouraging investors who suffered losses in DeFi Technologies between May 12, 2025, and November 14, 2025, to discuss their legal rights [1]. - A federal securities class action has been filed against DeFi Technologies, with a deadline of January 30, 2026, for investors to seek the role of lead plaintiff [2][9]. - The firm has a history of recovering hundreds of millions of dollars for investors since its founding in 1995 [4]. Group 2: Allegations Against DeFi Technologies - The complaint alleges that DeFi Technologies and its executives violated federal securities laws by making false or misleading statements regarding the company's DeFi arbitrage strategy and competition [5]. - Specific allegations include delays in executing the DeFi arbitrage strategy, underestimating competition, and failing to meet previously issued revenue guidance for fiscal year 2025 [5]. - The company reported a revenue decline of nearly 20% and significantly lowered its 2025 revenue forecast from $218.6 million to approximately $116.6 million due to these issues [7]. Group 3: Stock Price Impact - Following the announcement of delays and financial results, DeFi Technologies' stock price fell by $0.13 per share (7.43%) on November 6, 2025, and by $0.40 per share (27.59%) over the next two trading sessions, closing at $1.05 per share on November 17, 2025 [6][8].

Core Viewpoint - A class action securities lawsuit has been filed against DeFi Technologies, alleging securities fraud that affected investors between May 12, 2025, and November 14, 2025 [1][2]. Group 1: Allegations of Fraud - The lawsuit claims that DeFi Technologies faced delays in executing its DeFi arbitrage strategy, which was a key revenue driver for the company [2]. - It is alleged that DeFi Technologies understated the competition from other digital asset treasury companies, impacting its ability to execute its DeFi arbitrage strategy [2]. - The complaint suggests that due to these issues, the company was unlikely to meet its previously issued revenue guidance for the fiscal year 2025 [2]. - Defendants are accused of downplaying the negative impact of these issues on DeFi Technologies' business and financial results, leading to materially false and misleading public statements [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]. - Participation in the lawsuit does not require serving as a lead plaintiff, and class members may be entitled to compensation without any out-of-pocket costs [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].

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 asserts 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].

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 [3][4]. 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 it faced from other digital asset treasury companies, impacting its ability to execute its DeFi arbitrage strategy [3]. - As a result of these issues, the company was unlikely to meet its previously issued revenue guidance for the fiscal year 2025 [3]. - The defendants allegedly downplayed the true scope and severity of the negative impacts on DeFi Technologies' business and financial results [3]. - Public statements made by the defendants were materially false and misleading at all relevant times [3]. Group 2: Class Action Details - Shareholders who purchased shares of DEFT during the specified class period are encouraged to register for the class action, with a deadline of January 30, 2026, to seek lead plaintiff status [4]. - Once registered, shareholders will be enrolled in a portfolio monitoring software to receive status updates throughout the lifecycle of the case [4]. - There is no cost or obligation for shareholders to participate in this case [4]. Group 3: Law Firm Information - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting the rights of investors who have suffered due to deceit, fraud, and illegal business practices [5]. - The firm aims to ensure that companies adhere to responsible business practices and seeks recovery for investors who incurred losses from misleading statements or omissions [5].