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]
DEFT Investors Have Opportunity to Lead DeFi Technologies, Inc. Securities Fraud Lawsuit