Particle.news
Download on the App Store

DeFi Technologies Class Action Sets Jan. 30 Lead-Plaintiff Deadline After Guidance Cut

Plaintiffs say undisclosed delays in a core arbitrage strategy made 2025 guidance unrealistic, precipitating a sharp November selloff.

Overview

  • Investors have until January 30, 2026 to seek appointment as lead plaintiff, and eligibility to recover does not require serving in that role.
  • The case, Linkedto Partners LLC v. DeFi Technologies Inc., No. 25-cv-06637, is pending in the U.S. District Court for the Eastern District of New York.
  • The complaint alleges the company downplayed delays in its DeFi Alpha arbitrage strategy and the impact of growing digital-asset treasury competition, rendering prior guidance unattainable.
  • On November 13, 2025, the company reported a nearly 20% Q3 revenue decline and cut its 2025 forecast from $218.6 million to about $116.6 million, citing reduced arbitrage opportunities.
  • Following those disclosures, shares fell 27.59% over two sessions to close at $1.05 on November 17, as multiple firms including Levi & Korsinsky, Kahn Swick & Foti, and Faruqi & Faruqi solicited class members.