#USA #Class Action #Los Angeles #Securities Fraud #DeFi Technologies

DeFi Technologies Inc. Shareholders: Stand Up for Your Rights in a Potential Class Action

In a significant legal development, Glancy Prongay & Murray LLP has announced that shareholders of DeFi Technologies Inc. (NASDAQ: DEFT) who have incurred financial losses now have the opportunity to steer a class action lawsuit concerning alleged securities fraud against the company. This lawsuit centers around critical claims regarding misrepresentation and failure to disclose vital information that affected investor decisions.

What Leads to a Class Action?

The class action lawsuit is positioned for investors who held shares from May 12, 2025, to November 14, 2025. During this period, allegations surfaced that DeFi Technologies did not effectively communicate key challenges it faced in executing its decentralized finance (DeFi) arbitrage strategy, a crucial aspect of its business model that contributed significantly to its revenue. Investors claim that essential disclosures regarding competition and the company's operational setbacks were not made, leading to an inflated perception of the company’s financial health.

Allegations at a Glance

The complaint outlines several critical issues:
1. Delay in Execution: There were delays affecting DeFi's ability to implement its arbitrage strategy, crucial for its revenue generation.
2. Understated Competition: DeFi allegedly underestimated the competition from other decentralized asset trading (DAT) companies, which adversely influenced its performance.
3. Revenue Guidance Misdirection: Due to these challenges, the company was unlikely to meet earlier revenue forecasts for the fiscal year 2025, yet this was not adequately communicated to investors.
4. Misleading Statements: The firm’s positive outlook on its operations was deemed materially misleading, lacking a reliable foundation amid ongoing operational difficulties.

Opportunity for Affected Investors

For investors who suffered losses as a result of buying DeFi shares within the specified timeframe, this lawsuit presents a chance not only to seek restitution but also to hold the company accountable for its actions. Individuals who wish to participate should act promptly, as the deadline to lead the case is set for January 30, 2026.

If you're interested in joining this effort or have inquiries about your rights as an investor, Glancy Prongay & Murray LLP is prepared to provide guidance and support. They encourage impacted shareholders to reach out for more detailed information on how to proceed.

Contact Information

Individuals seeking to learn more can get in touch with Charles Linehan at Glancy Prongay & Murray LLP, located at 1925 Century Park East, Suite 2100, Los Angeles, California. For direct inquiries, you can email email protected] or call 310-201-9150. Their toll-free number is 888-773-9224. They also provide a comprehensive overview on their [official website.

Conclusion

The unfolding situation surrounding DeFi Technologies Inc. serves as a reminder of the importance of transparency in corporate governance and investor communications. As this class action progresses, it will be crucial for investors to stay updated and take any necessary steps to ensure their rights are protected. As always, remaining informed and proactive is key in navigating the complexities of securities investment and corporate accountability.