Kahn Swick & Foti, LLC, with partner Charles C. Foti Jr., announced a securities class action against DeFi Technologies Inc. (NasdaqCM: DEFT) on behalf of investors allegedly harmed during May 12, 2025 through November 14, 2025. The case is Linkedto Partners LLC v. DeFi Technologies Inc., et al., No. 25-cv-06637, and the complaint seeks to recover losses from alleged securities fraud. Investors who suffered losses during the relevant period have until January 30, 2026 to seek appointment as lead plaintiff; however, recovery does not require serving as lead plaintiff.
On this news, the price of DeFi’s shares fell $0.40 per share, or 27.59%, over the following two trading sessions, to close at $1.05 per share on November 17, 2025. According to the Complaint, on November 13, 2025, post-market, the Company announced its financial results for the third quarter of 2025, disclosing a nearly 20% decline in revenue, well below market expectations, and also significantly lowered its 2025 revenue forecast, from $218.6 million to approximately $116.6 million, due to “a delay in executing DeFi Alpha arbitrage opportunities previously forecasted due to the proliferation of nullDATnull companies and the consolidation in digital asset price movement in the latter half of 2025.”
The complaint seeks to recover losses from alleged securities fraud affecting DeFi Technologies investors during the specified period. The action underscores ongoing investor protection concerns in crypto-related securities offerings and reflects continued regulatory scrutiny of DeFi market disclosures.
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