Core Viewpoint - A class action lawsuit has been filed against Bakkt Holdings, Inc. for alleged violations of federal securities laws during the specified class period [1][2]. Group 1: Lawsuit Details - The lawsuit seeks to recover damages for all individuals and entities that purchased Bakkt securities between March 25, 2024, and March 17, 2025 [2]. - The complaint alleges that Bakkt's executives made materially false and misleading statements regarding the company's business and operations [3]. - Specific allegations include misrepresentation of the stability of crypto services revenue, failure to disclose dependence on a single contract with Webull, and misrepresentation of the ability to maintain key client relationships [3]. Group 2: Next Steps - Investors who suffered losses in Bakkt have until June 2, 2025, to request to be appointed as lead plaintiff in the case [4]. - A copy of the complaint can be reviewed on the law firm's website [4]. Group 3: Legal Representation - The law firm operates on a contingency fee basis, meaning they will only seek reimbursement for expenses and fees if successful [5]. - Bronstein, Gewirtz & Grossman, LLC is recognized for representing investors in securities fraud class actions and has recovered significant amounts for investors [6].
Bakkt INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Bakkt Holdings, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit