Core Viewpoint - A class action has been filed against DeFi Technologies Inc. for allegedly misleading investors about its business prospects during the class period from May 12, 2025, to November 14, 2025 [1][3]. Company Overview - DeFi Technologies Inc. (NASDAQ: DEFT), previously known as Valour Inc., is a technology and digital asset treasury company that develops exchange-traded products in Canada, which synthetically track the value of a single decentralized finance protocol or a basket of such protocols [2]. Allegations - The complaint alleges that DeFi Technologies failed to disclose several critical issues: - The company faced delays in executing its DeFi arbitrage strategy, a key revenue driver [3]. - DeFi Technologies understated the competition it faced from other digital asset treasury companies, which negatively impacted its ability to execute its strategy [3]. - Due to these issues, the company was unlikely to meet its previously issued revenue guidance for fiscal year 2025 [3]. - The defendants downplayed the true scope and severity of the negative impacts on the company's business and financial results [3]. Financial Results and Impact - On November 14, 2025, DeFi Technologies reported disappointing financial results for Q3 2025, with a revenue decline of nearly 20%, falling short of market expectations [4]. - The company significantly lowered its 2025 revenue forecast from $218.6 million to approximately $116.6 million, attributing this to delays in executing DeFi Alpha arbitrage opportunities and increased competition [4]. - Following these disclosures, the stock price fell by $0.40 per share, or 27.59%, closing at $1.05 per share on November 17, 2025 [4].
DEADLINE IN DEFT CLASS ACTION: Robbins LLP Reminds DeFi Technologies Inc. Stockholders of the Pending January 30, 2026 Lead Plaintiff Deadline