The Gross Law Firm Reminds Shareholders of a Lead Plaintiff Deadline of January 30, 2026 in DeFi Technologies Lawsuit - DEFT
DeFi Technologies IncDeFi Technologies Inc(US:DEFT) Prnewswire·2025-12-08 14:00

Core Viewpoint - DeFi Technologies (NASDAQ: DEFT) is facing 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 Against DeFi Technologies - The complaint alleges that DeFi Technologies was experiencing delays in executing its DeFi arbitrage strategy, which was a key revenue driver for the company [1] - The company allegedly understated the competition it faced from other digital asset treasury companies, impacting its ability to execute its DeFi arbitrage strategy [1] - Due to these issues, DeFi Technologies was unlikely to meet its previously issued revenue guidance for the fiscal year 2025 [1] - The defendants are accused of downplaying the true scope and severity of the negative impacts on the company's business and financial results [1] - As a result, the public statements made by the defendants were materially false and misleading throughout the class period [1] Group 2: Class Action Details - Shareholders who purchased DEFT shares during the class period are encouraged to register for the class action, with a deadline of January 30, 2026, to seek lead plaintiff status [2] - Registered shareholders will be enrolled in a portfolio monitoring software to receive updates on the case [2] - Participation in the case incurs no cost or obligation for the shareholders [2] Group 3: About Gross Law Firm - 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 engage in good corporate citizenship [3] - The firm seeks recovery for investors who suffered losses due to false or misleading statements that led to artificial inflation of the company's stock [3]