Core Viewpoint - Rosen Law Firm is reminding investors who purchased Bakkt Holdings, Inc. securities during the specified Class Period of the upcoming lead plaintiff deadline on June 2, 2025, and the potential for compensation through a contingency fee arrangement [1][2]. Group 1: Class Action Details - Investors who purchased Bakkt securities between March 25, 2024, and March 17, 2025, may be eligible to join a class action lawsuit [1][2]. - A lead plaintiff must file a motion with the Court by June 2, 2025, to represent other class members in the litigation [2]. Group 2: Law Firm Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest settlement against a Chinese company at the time and being ranked No. 1 for securities class action settlements in 2017 [3]. - The firm has recovered hundreds of millions of dollars for investors, including over $438 million in 2019 alone [3]. Group 3: Case Allegations - The lawsuit alleges that Bakkt made false and misleading statements regarding the stability and diversity of its crypto services revenue, which was heavily reliant on a single contract with Webull [4]. - It is claimed that these misrepresentations led to materially misleading statements about Bakkt's business operations and prospects, resulting in investor damages when the truth was revealed [4].
BKKT Deadline: BKKT Investors with Losses in Excess of $100K Have Opportunity to Lead Bakkt Holdings, Inc. Securities Fraud Lawsuit