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BAKKT ALERT: Bragar Eagel & Squire, P.C. is Investigating Bakkt Holdings, Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm

1. Bakkt Holdings faces a class action lawsuit for misleading investors. 2. The allegations include misrepresentation of revenue stability and client relations. 3. The investigation concerns potential breaches of fiduciary duties by directors. 4. A significant dependence on a contract with Webull is highlighted. 5. Long-term shareholders may have claims regarding undisclosed adverse facts.

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FAQ

Why Very Bearish?

Class action lawsuits often lead to decreased investor confidence. Historical cases show significant stock downgrades when companies face litigation, as seen with stocks like Hertz during their bankruptcy proceedings.

How important is it?

The severity of the allegations and possible financial ramifications make this highly relevant. Potential liability could significantly affect Bakkt's market performance.

Why Short Term?

Initial investor reactions to lawsuits are typically swift, affecting stock prices immediately. Investors may react quickly to negative news due to potential fear of loss.

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WEBULLCOINRIOT
NEW YORK, June 10, 2025 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Bakkt Holdings, Inc. (NYSE:BKKT) on behalf of long-term stockholders following a class action complaint that was filed against Bakkt on April 2, 2025 with a Class Period from March 25, 2024 through March 17, 2025. Our investigation concerns whether the board of directors of Bakkt have breached their fiduciary duties to the company. The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants: (1) misrepresented the stability and/or diversity of its crypto services revenue; (2) failed to disclose Bakkt’s Crypto services revenue was substantially dependent on a single contract with Webull; (3) misrepresented its ability to maintain key client relationships. As a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis. If you are a long-term stockholder of Bakkt, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Marion Passmore by email at investigations@bespc.com, by telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you. About Bragar Eagel & Squire, P.C.: Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York and California. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes. Follow us for updates on LinkedIn, X, and Facebook, and keep up with other news by following Brandon Walker, Esq. on LinkedIn and X. Contact Information: Bragar Eagel & Squire, P.C.Brandon Walker, Esq.Marion Passmore, Esq.(212) 355-4648investigations@bespc.comwww.bespc.com

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