Core Viewpoint - A class action has been filed against DeFi Technologies Inc. for allegedly misleading investors about its business prospects during the class period from May 12, 2025, to November 14, 2025 [2][3] Group 1: Allegations - The complaint alleges that DeFi Technologies failed to disclose delays in executing its DeFi arbitrage strategy, which was a key revenue driver [3] - The company allegedly understated the competition it faced from other digital asset treasury (DAT) companies, impacting its ability to execute its strategy [3] - As a result of these issues, DeFi Technologies was unlikely to meet its previously issued revenue guidance for fiscal year 2025 [3] Group 2: Financial Impact - On November 14, 2025, DeFi Technologies reported a revenue decline of nearly 20%, significantly below market expectations [4] - The company lowered its 2025 revenue forecast from $218.6 million to approximately $116.6 million, citing delays in executing DeFi Alpha arbitrage opportunities [4] - Following these disclosures, the stock price fell by $0.40 per share, or 27.59%, closing at $1.05 per share on November 17, 2025 [4] Group 3: Legal Actions - Shareholders wishing to serve as lead plaintiff in the class action must submit their papers by January 30, 2026 [5] - Participation in the case is not required to be eligible for recovery, allowing shareholders to remain absent class members if they choose [5]
Did You Lose Money in Your DeFi Technologies Inc. Investment? Contact Robbins LLP for Information About Your Rights Against DEFT.