DeFi Technologies Sued in Securities Class Action Filed in Eastern District of New York
The suit centers on allegations that undisclosed arbitrage delays left 2025 revenue promises out of reach.
Overview
- Investor law firms say the complaint covers purchasers of DeFi Technologies securities from May 12, 2025 through November 14, 2025.
- Plaintiffs allege the company concealed delays in executing its DeFi Alpha arbitrage strategy, understated competition from other DAT firms, and misled about 2025 revenue prospects.
- The case has been filed in the United States District Court for the Eastern District of New York, with a January 30, 2026 deadline for investors to seek lead-plaintiff status.
- On November 14, 2025, the company reported a nearly 20% revenue decline and cut its 2025 forecast from $218.6 million to about $116.6 million while announcing CEO Newton’s move to an advisory role.
- Shares fell 7.43% on November 6 after acknowledging DATs were absorbing or delaying arbitrage opportunities and dropped 27.59% over two sessions following the November 14 disclosures.