Core Viewpoint - DeFi Technologies Inc. is facing legal scrutiny due to allegations of misleading statements and failure to disclose critical operational challenges, leading to significant financial losses for investors [5][6][7]. Company Overview - DeFi Technologies is a publicly traded company on NASDAQ under the ticker DEFT, involved in digital asset trading and arbitrage strategies [2]. - The company has recently reported a substantial revenue decline and lowered its revenue forecast for 2025 from $218.6 million to approximately $116.6 million [7]. Legal Investigation - Faruqi & Faruqi, LLP is investigating potential claims against DeFi Technologies and has set a deadline of January 30, 2026, for investors to seek the role of lead plaintiff in a federal securities class action [2]. - The firm encourages investors who suffered losses between May 12, 2025, and November 14, 2025, to discuss their legal options [1]. Allegations Against DeFi Technologies - The complaint alleges that DeFi Technologies and its executives violated federal securities laws by making false or misleading statements regarding: - Delays in executing its DeFi arbitrage strategy, a key revenue driver [5]. - Understating competition from other digital asset trading (DAT) companies [5]. - The likelihood of not meeting previously issued revenue guidance for fiscal year 2025 [5]. - Downplaying the negative impact of these issues on the company's business and financial results [5]. Financial Impact - Following a press release on November 6, 2025, regarding delays in arbitrage opportunities, DeFi Technologies' stock price fell by $0.13, or 7.43%, closing at $1.62 per share [6]. - After the November 14, 2025, financial results announcement, the stock price dropped by $0.40, or 27.59%, to close at $1.05 per share [8].
SHAREHOLDER DEADLINE APPROACHING: Faruqi & Faruqi Reminds DeFi (DEFT) Investors of the Pending Class Action Lawsuit