Archived Investigations
DeFi Technologies Inc. (NasdaqCM: DEFT)
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.