Core Viewpoint - The Gross Law Firm is notifying shareholders of DeFi Technologies (NASDAQ: DEFT) about a class action lawsuit due to alleged misleading statements and omissions regarding the company's financial performance and competitive position during a specified class period [1][3]. Summary by Relevant Sections Class Period and Allegations - The class period for the lawsuit is from May 12, 2025, to November 14, 2025 [3]. - Allegations include that DeFi Technologies faced 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 companies, impacting its ability to execute its strategy [3]. - As a result of these issues, the company was unlikely to meet its revenue guidance for fiscal year 2025 [3]. - The defendants are accused of downplaying the negative impacts on the company's business and financial results, leading to materially false and misleading public statements [3]. Next Steps for Shareholders - Shareholders are encouraged to register for the class action by January 30, 2026, to potentially be appointed as lead plaintiffs [4]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the case [4]. Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm focused on protecting investors' rights against deceit and fraud [5]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [5].
Shareholders that lost money on DeFi Technologies(DEFT) Urged to Join Class Action – Contact The Gross Law Firm to Learn More