On January 2, 2026, Kahn Swick & Foti, LLC (KSF), a respected law firm known for its focus on securities litigation, issued a critical notice regarding an active class action lawsuit that could significantly impact investors in DeFi Technologies Inc. (NASDAQ: DEFT). Investors should take note of the important upcoming deadline of January 30, 2026, to apply for lead plaintiff status under this ongoing litigation.
Background of the Class Action
The class action lawsuit was initiated due to alleged securities fraud occurring between May 12, 2025, and November 14, 2025. Allegations include that the company's financial performance failed to meet market expectations, leading to a significant drop in share value. Specifically, on November 13, 2025, DeFi Technologies disclosed a staggering 20% decline in revenue for the third quarter, drastically lowering its annual revenue forecast from an anticipated $218.6 million to about $116.6 million. This unexpected announcement prompted a dramatic decline in share price, with a loss of approximately 27.59% over the subsequent trading period. These revelations raise serious concerns for investors who may have suffered losses during this time frame.
Who Can Join the Lawsuit?
If you are an investor who purchased shares of DeFi Technologies and experienced financial loss within the specified period, you are eligible to pursue participation in this lawsuit. It is crucial to understand that while you have the option to seek lead plaintiff status, it is not a prerequisite for recovering losses once the case concludes favorably. The lead plaintiff role primarily entails organizing the litigation for the group of investors involved.
How to Get Involved
Investors interested in joining the lawsuit should contact KSF Managing Partner Lewis Kahn at 1-877-515-1850 or via email at
email protected]. Potential participants can also obtain detailed information by visiting [KSF’s dedicated information page. This online resource outlines essential details about the case and how to prepare your application before the impending deadline.
About Kahn Swick & Foti
Founded by former Louisiana Attorney General Charles C. Foti, Jr., KSF has emerged as a leading law firm in securities litigation. The firm is recognized nationally, having ranked among the top 10 firms in terms of total settlement value over the past year. KSF represents a wide array of clients, focusing on recovering losses stemming from corporate misconduct. With offices across multiple locations including New York and California, KSF prides itself on its commitment to ensuring justice for investors.
Final Thoughts
In light of the recent developments surrounding DeFi Technologies and the pending class action lawsuit, all investors affected during the relevant period are urged to take action promptly. The deadline of January 30, 2026, is approaching quickly, and timely participation could play a significant role in the eventual outcomes of the case.
For further inquiries or assistance, contact KSF to ensure that your rights as an investor are fully protected.