INVESTOR DEADLINE APPROACHING: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of DeFi Technologies
DeFi Technologies IncDeFi Technologies Inc(US:DEFT) TMX Newsfile·2025-12-28 00:58

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against DeFi Technologies Inc. due to allegations of violations of federal securities laws, particularly concerning misleading statements and undisclosed operational challenges that have negatively impacted the company's financial performance [2][4]. Group 1: Company Overview - DeFi Technologies Inc. is publicly traded on NASDAQ under the ticker DEFT and has faced significant operational challenges that have led to a substantial decline in revenue forecasts for 2025 [2][6]. - The company reported a revenue decline of nearly 20% in Q3 2025, falling short of market expectations, and revised its revenue forecast from $218.6 million to approximately $116.6 million [6]. Group 2: Allegations and Legal Actions - The complaint against DeFi Technologies alleges that the company and its executives made false and misleading statements regarding their DeFi arbitrage strategy and the competitive landscape, which were critical to their revenue generation [4]. - The company faced delays in executing its DeFi arbitrage strategy and underestimated competition from other digital asset trading (DAT) companies, which adversely affected its business operations [4]. - Investors who purchased securities in DeFi Technologies between May 12, 2025, and November 14, 2025, are encouraged to discuss their legal rights and options with Faruqi & Faruqi, with a deadline of January 30, 2026, to seek the role of lead plaintiff in the class action [2][8]. Group 3: Stock Performance - Following the announcement of operational challenges and a significant revenue decline, DeFi Technologies' stock price fell by $0.40 per share, or 27.59%, closing at $1.05 per share on November 17, 2025 [7]. - Prior to this, on November 6, 2025, the stock had already dropped by $0.13 per share, or 7.43%, after a press release indicated delays in arbitrage opportunities [5].