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DeFi Technologies Faces Securities Class Action Over Alleged Misstatements

Investors face a January 30 deadline to seek lead-plaintiff status in an uncertified case.

Overview

  • Plaintiff firms DJS Law Group and The Schall Law Firm urged DeFi Technologies investors to contact them, while Bernstein Liebhard said the case was filed in the Eastern District of New York.
  • The complaints assert violations of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and SEC Rule 10b-5.
  • Filings allege the company delayed executing a key arbitrage strategy and downplayed competition in the digital asset treasury sector.
  • Bernstein Liebhard’s notice adds an allegation that statements about 2025 revenue guidance were misleading.
  • The proposed class covers purchases from May 12, 2025 through November 14, 2025, with January 30, 2026 set as the lead-plaintiff motion deadline, and the firms note the class is not yet certified and absent investors are not represented by counsel.