DeFi Technologies Investors Given Jan. 30 Deadline to Seek Lead Plaintiff in EDNY Class Action
The case focuses on alleged misstatements about the company’s DeFi Alpha arbitrage strategy that plaintiffs say caused investor losses.
Overview
- A federal securities class action is filed in the Eastern District of New York, docketed as 25-cv-06637, for investors who bought DeFi Technologies securities between May 12 and November 14, 2025.
- Investors wishing to lead the case must move by January 30, 2026, with firms including Pomerantz, Johnson Fistel, Rosen, Howard G. Smith, and Faruqi & Faruqi inviting class members to contact them.
- The complaints allege undisclosed delays in executing the DeFi Alpha arbitrage strategy and understated competition from other digital asset treasury firms, which made 2025 revenue guidance unattainable.
- DeFi Technologies disclosed on November 6, 2025 that DATs had absorbed or delayed many arbitrage opportunities, the stock fell 7.43% that day, and on November 14 the company reported a near-20% Q3 revenue decline, cut guidance to about $116.6 million, announced a CEO transition, and shares dropped 27.59% over two sessions.
- No class has been certified, and the court’s selection of a lead plaintiff remains pending.