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].
DeFi Technologies Sued for Securities Law Violations – Investors Should Contact The Gross Law Firm for More Information – DEFT