TendieTensor TendieTensor
You’re browsing as
Guest
Free Preview
Sign in/sign up to unlock all features.

News  ›  GlobeNewswire Inc.

DeFi Technologies Inc. Notice of January 30, 2026 Application Deadline for Class Action Lawsuit- Contact Lewis Kahn, Esq. at Kahn Swick & Foti, LLC, Before Application Deadline

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Kahn Swick & Foti, Llc
DeFi Technologies Inc. Notice of January 30, 2026 Application Deadline for Class Action Lawsuit- Contact Lewis Kahn, Esq. at Kahn Swick & Foti, LLC, Before Application Deadline

A class action securities lawsuit has been filed against DeFi Technologies Inc. (DEFT) for alleged fraud between May 12 and November 14, 2025. The company disclosed a 20% revenue decline and slashed its 2025 revenue forecast from $218.6 million to $116.6 million, citing delays in executing arbitrage opportunities. The stock fell 27.59% following the announcement. Investors have until January 30, 2026 to apply as lead plaintiffs.

Insights
VYLD   positive

Set a fresh record, stock price increased 1.90%


DEFT   negative

The company faces a class action lawsuit for alleged securities fraud, disclosed a nearly 20% revenue decline significantly below expectations, slashed full-year revenue guidance by 46% (from $218.6M to $116.6M), and experienced a 27.59% stock price decline following the announcement. These factors indicate serious operational and financial challenges.