Core Viewpoint - DeFi Technologies is facing a class action securities lawsuit due to alleged securities fraud that negatively impacted investors between May 12, 2025, and November 14, 2025 [1] Group 1: Allegations of Fraud - The lawsuit claims that DeFi Technologies faced delays in executing its DeFi arbitrage strategy, which was a key revenue driver for the Company [2] - It is alleged that DeFi Technologies understated the competition from other digital asset treasury companies, affecting its ability to execute its DeFi arbitrage strategy [2] - The Company is accused of being unlikely to meet its previously issued revenue guidance for the fiscal year 2025 due to these issues [2] - Defendants allegedly downplayed the severity of the negative impacts on DeFi Technologies' business and financial results [2] - Public statements made by the defendants were claimed to be materially false and misleading throughout the relevant period [2] Group 2: Legal Process and Participation - Investors who suffered losses in DeFi Technologies during the relevant timeframe have until January 30, 2026, to request to be appointed as lead plaintiff [3] - Participation in the lawsuit does not require serving as a lead plaintiff, and class members may be entitled to compensation without any out-of-pocket costs [3] Group 3: Firm Background - Levi & Korsinsky has a history of securing hundreds of millions of dollars for shareholders and has extensive expertise in complex securities litigation [4] - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as one of the top securities litigation firms in the United States [4]
Levi & Korsinsky Notifies Shareholders of DeFi Technologies(DEFT) of a Class Action Lawsuit and an Upcoming Deadline