DeFi Technologies Faces Securities Class Action as Law Firms Seek Lead Plaintiffs

Overview

• Notices issued on December 8 invite DeFi Technologies (NASDAQ: DEFT) investors to participate in a securities-fraud class action filed in the Eastern District of New York.
• The alleged class period runs from May 12, 2025 through November 14, 2025.
• The complaint claims the company delayed executing a key arbitrage strategy and understated competition in the digital asset treasury market.
• Plaintiffs also allege misrepresentations regarding revenue guidance for fiscal year 2025.
• The action asserts violations of Sections 10(b) and 20(a) and SEC Rule 10b-5, the class has not been certified, and the allegations remain unproven.