Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against DeFi Technologies Inc. and reminds investors of the January 30, 2026 deadline to seek the role of lead plaintiff in a federal securities class action lawsuit against the company [2][4]. Group 1: Allegations Against DeFi Technologies - The complaint alleges that DeFi Technologies and its executives violated federal securities laws by making false and misleading statements regarding delays in executing its DeFi arbitrage strategy, which is a key revenue driver [4]. - It is claimed that DeFi Technologies understated the competition it faced from other digital asset trading (DAT) companies, which negatively impacted its ability to execute its arbitrage strategy [4]. - The company was unlikely to meet its previously issued revenue guidance for fiscal year 2025 due to these issues, which were downplayed in public statements [4]. Group 2: Financial Performance and Stock Impact - On November 6, 2025, DeFi Technologies reported a significant decline in its stock price by $0.13 per share, or 7.43%, closing at $1.62 per share following a press release about an arbitrage trade [5]. - Following the release of its third-quarter financial results on November 14, 2025, the company reported a revenue decline of nearly 20%, falling short of market expectations, and significantly lowered its 2025 revenue forecast from $218.6 million to approximately $116.6 million [6]. - After these disclosures, DeFi Technologies' stock price fell by $0.40 per share, or 27.59%, closing at $1.05 per share on November 17, 2025 [7].
DEFT UPCOMING DEADLINE: Faruqi & Faruqi Reminds In DeFi Technologies Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of January 30, 2026 - DEFT