Core Viewpoint - DeFi Technologies Inc. is facing a securities class action lawsuit due to alleged failure to disclose material information, leading to significant financial losses for investors during the specified class period [3]. Summary by Sections Lawsuit Details - Investors who incurred substantial losses in DeFi Technologies Inc. have until January 30, 2026, to file lead plaintiff applications in the ongoing class action lawsuit [1]. - The lawsuit is filed in the United States District Court for the Eastern District of New York, under the case name Linkedto Partners LLC v. DeFi Technologies Inc., et al., No. 25-cv-06637 [5]. Financial Performance - On November 13, 2025, DeFi announced a nearly 20% decline in revenue for Q3 2025, significantly below market expectations [4]. - The company revised its 2025 revenue forecast from $218.6 million to approximately $116.6 million, citing delays in executing previously forecasted arbitrage opportunities due to market conditions [4]. - Following this announcement, DeFi's share price dropped by $0.40, or 27.59%, closing at $1.05 per share on November 17, 2025 [4]. Legal Representation - Kahn Swick & Foti, LLC, a prominent securities litigation law firm, is representing the investors in this case [5]. - The firm has a strong track record, being ranked among the top 10 firms nationally based on total settlement value [5].
DeFi Technologies Inc. Securities Fraud Class Action Result of Undisclosed Financial Problems and 27% Stock Decline - Investors may Contact Lewis Kahn, Esq, @ KSF