Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of DeFi Technologies (NASDAQ: DEFT) regarding a class action lawsuit due to alleged misleading statements and omissions that negatively impacted the company's financial performance during the specified class period [1]. 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 [1]. - It is claimed that DeFi Technologies understated the competition it faced from other digital asset treasury companies, which adversely affected its ability to execute its DeFi arbitrage strategy [1]. - The company is alleged to be unlikely to meet its previously issued revenue guidance for the fiscal year 2025 due to the aforementioned issues [1]. - Defendants are accused of downplaying the true scope and severity of the negative impacts on DeFi Technologies' 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 shares of DEFT during the class period from May 12, 2025, to November 14, 2025, are encouraged to register for the class action [2]. - The deadline for shareholders to seek lead plaintiff status is January 30, 2026, and there is no cost or obligation to participate in the case [2]. Group 3: Law Firm Background - 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 [3]. - 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 that led to artificial inflation of stock prices [3].
DeFi Technologies Sued for Securities Law Violations - Contact The Gross Law Firm Before January 30, 2026 to Discuss Your Rights - DEFT