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BREAKING: Bakkt Holdings, Inc. (BKKT) shares down over 31%; Securities Fraud Investigation by Block & Leviton Could Allow Investors to Recover Losses

1. Bakkt's shares fell over 31% after key agreements were not renewed. 2. Bank of America and Webull's contracts expire in April and June 2025. 3. Bakkt delays filing its annual Form 10-K, raising compliance concerns. 4. Block & Leviton investigates potential securities law violations by Bakkt. 5. Investors can contact Block & Leviton for recovery efforts regarding losses.

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FAQ

Why Very Bearish?

The significant share price drop indicates investor panic and distrust. Historical examples show similar situations often lead to continued downtrends until clarity is restored.

How important is it?

The article directly addresses BKKT’s compliance issues and investor distress, influencing market perception. Given its immediate impact on BKKT's market behavior, it holds significant relevance.

Why Short Term?

Immediate investor sentiment is heavily influenced; recovery relies on positive developments. Previous cases observed recovery following timely positive disclosures but took time.

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BACWEBULL
BOSTON, March 17, 2025 (GLOBE NEWSWIRE) -- Block & Leviton is investigating Bakkt Holdings, Inc. (NYSE: BKKT) for potential securities law violations. Investors who have lost money in their Bakkt Holdings, Inc. investment should contact the firm to learn more about how they might recover those losses. For more details, visit https://blockleviton.com/cases/bkkt. What is this all about? Shares of Bakkt Holdings, Inc. fell over 31% in after-hours trading on March 17, 2025, after the company disclosed that Bank of America and Webull will not renew their commercial agreements, which expire in April and June 2025, respectively. Additionally, Bakkt Holdings announced it will be delaying the filing of its annual Form 10-K for the fiscal year ending December 31, 2024. Who is eligible? Anyone who purchased Bakkt Holdings, Inc. common stock and has seen their shares fall may be eligible, whether or not they have sold their investment. Investors should contact Block & Leviton to learn more. What is Block & Leviton doing? Block & Leviton is investigating whether the Company committed securities law violations and may file an action to attempt to recover losses on behalf of investors who have lost money. What should you do next? If you've lost money on your investment, you should contact Block & Leviton to learn more via our case website, by email at shareholders@blockleviton.com, or by phone at (888) 256-2510. Whistleblower? If you have non-public information about Bakkt Holdings, Inc., you should consider assisting in our investigation or working with our attorneys to file a report with the Securities Exchange Commission under their whistleblower program. Whistleblowers who provide original information to the SEC may receive rewards of up to 30% of any successful recovery. For more information, contact Block & Leviton at shareholders@blockleviton.com or by phone at (888) 256-2510. Why should you contact Block & Leviton? Block & Leviton is widely regarded as one of the leading securities class action firms in the country. Our attorneys have recovered billions of dollars for defrauded investors and are dedicated to obtaining significant recoveries on behalf of our clients through active litigation in the federal courts across the country. Many of the nation's top institutional investors hire us to represent their interests. You can learn more about us at our website www.blockleviton.com, call (888) 256-2510 or email shareholders@blockleviton.com with any questions. This notice may constitute attorney advertising. CONTACT:BLOCK & LEVITON LLP260 Franklin St., Suite 1860Boston, MA 02110Phone: (888) 256-2510Email: shareholders@blockleviton.com

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