Investors Alert: Class Action Lawsuit Against DeFi Technologies Launched by Levi & Korsinsky
In a significant move for shareholders,
Levi & Korsinsky LLP has initiated a class action lawsuit against
DeFi Technologies (NASDAQ: DEFT), aimed at seeking restitution for investors who may have suffered losses due to alleged securities fraud. The lawsuit pertains specifically to the time period from
May 12, 2025, to November 14, 2025, during which several troubling claims have been brought to light concerning the company's operations.
Background of the Lawsuit
According to the filed complaint, the lawsuit alleges that DeFi Technologies misrepresented crucial information that negatively impacted its financial standing and operational effectiveness. Key issues highlighted include delays in executing its DeFi arbitrage strategy, which is believed to be a critical revenue-generating process for the company. Additionally, it has been asserted that the company minimized its competitive landscape, underplaying the challenges posed by other digital asset treasury firms.
Among the allegations, it has been stated that these misrepresentations contributed to an inability to meet the previously projected revenue targets for the fiscal year 2025. As a result, the company's public statements were said to be materially false and misleading, potentially affecting numerous investors who relied on this information when making investment decisions.
Implications for Investors
For individuals who invested in DeFi Technologies and believe they may have been adversely affected, the
deadline to join the class action is January 30, 2026. To be recognized legally, affected investors must request to be appointed as lead plaintiffs by this date. It's important to note that participating in the class action does not necessitate serving as a lead plaintiff, allowing investors to potentially partake in any recovery of losses without personal legal risks.
Furthermore, Levi & Korsinsky ensures that there are no costs attached for class members leading to any out-of-pocket expenses. This means that impacted investors can pursue the lawsuit without fearing additional financial burdens.
Why Choose Levi & Korsinsky?
With over 20 years of successful litigation experience in the realm of securities, Levi & Korsinsky has established a strong track record in representing aggrieved shareholders. Their dedicated team is composed of over 70 professionals focused on navigating complex cases in securities law, making them a formidable partner for affected investors in this class action.
The firm's track record is impressive, having secured hundreds of millions of dollars for clientele in similar situations, and for the last seven consecutive years, it has been acknowledged in ISS Securities Class Action Services' Top 50 Report as one of the leading securities litigation firms in the nation.
Conclusion
As the situation surrounding DeFi Technologies evolves, impacted investors are encouraged to conduct timely outreach to Levi & Korsinsky. For detailed inquiries, they are advised to contact Joseph E. Levi by email or phone. This lawsuit underscores the importance of transparency in corporate communications to protect investor interests, especially in the rapidly evolving digital asset landscape.
For those wishing to learn more about the lawsuit and potentially join the action, more information can be found through the official communication channels established by Levi & Korsinsky.
Contact Information
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 27th Floor
New York, NY 10004
Email: [email protected]
Phone: (212) 363-7500
Website:
zlk.com