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Bakkt Holdings, Inc. (BKKT) Investors Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
Bakkt Bakkt (US:BKKT) Prnewswireยท2025-04-09 16:00

Core Viewpoint - Investors in Bakkt Holdings, Inc. have the opportunity to lead a securities fraud class action lawsuit due to alleged misrepresentations regarding the company's revenue stability and client relationships [1][2]. Group 1: Lawsuit Details - The lawsuit claims that from March 25, 2024, to March 17, 2025, Bakkt misrepresented the stability and diversity of its crypto services revenue [2]. - It is alleged that Bakkt failed to disclose that its crypto services revenue was heavily reliant on a single contract with Webull [2]. - The complaint states that Bakkt misrepresented its ability to maintain key client relationships, leading to materially misleading statements about the company's business and prospects [2]. Group 2: Participation Information - Investors who suffered losses in Bakkt are encouraged to participate in the ongoing securities fraud lawsuit, with a lead plaintiff deadline set for June 2, 2025 [2]. - Interested parties can contact the Law Offices of Frank R. Cruz for more information or to participate in the class action [3][4].