In a dramatic turn of events, DeFi Technologies finds itself at the center of a class action lawsuit, with shareholders alleging that the company misled them about its strategic setbacks. The lawsuit, filed against DeFi Technologies (DEFT), aims to recover losses for shareholders who claim they were victims of securities fraud between May 12, 2025, and November 14, 2025.
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The complaint accuses DeFi Technologies of making false statements and hiding crucial information. It alleges that the company faced significant delays in implementing its DeFi arbitrage strategy, a critical revenue source. Furthermore, the company is said to have downplayed the intense competition from other digital asset treasury firms, which threatened its ability to execute its strategy effectively. This, in turn, meant that DeFi Technologies was unlikely to meet its revenue targets for the fiscal year 2025. The lawsuit claims that the company’s public statements were misleading, painting an overly optimistic picture of its financial health.
For those who suffered losses during this period, there is an opportunity to seek recovery. Shareholders, even those still holding their shares, can visit the provided link to understand their rights and potential for compensation. Importantly, joining the lawsuit comes at no cost or obligation.
The legal proceedings are being managed by Levi & Korsinsky, a firm with a formidable reputation in securities litigation. With over two decades of experience and a track record of securing substantial settlements for shareholders, Levi & Korsinsky is well-equipped to handle this high-stakes case.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 17th Floor
New York, NY 10004
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171