SHAREHOLDER ACTION REMINDER: Faruqi & Faruqi Reminds DeFi (DEFT) Investors of the Pending Class Action Lawsuit
DeFi Technologies IncDeFi Technologies Inc(US:DEFT) TMX Newsfile·2026-01-19 15:37

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][5]. Group 1: Company Performance and Financials - DeFi Technologies reported a revenue decline of nearly 20% for Q3 2025, falling short of market expectations, and significantly lowered its 2025 revenue forecast from $218.6 million to approximately $116.6 million [7]. - The company attributed the revenue reduction to delays in executing its DeFi Alpha arbitrage strategy, which was impacted by increased competition from other digital asset trading (DAT) companies and consolidation in digital asset price movements [7]. - Following the financial disclosures, DeFi Technologies' stock price fell by $0.40 per share, or 27.59%, closing at $1.05 per share on November 17, 2025 [8]. Group 2: Legal and Regulatory Issues - The complaint against DeFi Technologies alleges that the company and its executives made false and misleading statements regarding their operational capabilities and the competitive landscape, which misled investors about the company's financial health [5]. - Investors who suffered losses between May 12, 2025, and November 14, 2025, are encouraged to contact Faruqi & Faruqi to discuss their legal rights and options for participating in a federal securities class action [1][2]. - The deadline for investors to seek the role of lead plaintiff in the class action is January 30, 2026 [2].