Archived Investigations

DeFi Technologies Inc. (NasdaqCM: DEFT)

Company Name:DeFi Technologies Inc. (NasdaqCM: DEFT)
Stock Symbol:NasdaqCM: DEFT
Court:Eastern District of New York
Class Period Start:05/12/2025
Class Period End (inclusive):11/14/2025
Filing Deadline:The deadline has passed.
December 2, 2025

DeFi and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.

On November 13, 2025, post-market, the Company announced its financial results for the third quarter of 2025, disclosing a nearly 20% decline in revenue, well below market expectations, and also significantly lowered its 2025 revenue forecast, from $218.6 million to approximately $116.6 million, due to “a delay in executing DeFi Alpha arbitrage opportunities previously forecasted due to the proliferation of [DAT] companies and the consolidation in digital asset price movement in the latter half of 2025.”

On this news, the price of DeFi’s shares fell $0.40 per share, or 27.59%, over the following two trading sessions, to close at $1.05 per share on November 17, 2025.

The case is Linkedto Partners LLC v. DeFi Technologies Inc., et al., No. 25-cv-06637.

Click here to read the first filed complaint.